A Case For Radical Retail Reinvention
In a case of cinematically bad timing, three of the largest retail projects to hit the New York City metro area opened less than a year before a historic pandemic shut everything down. Each development was designed to appeal to well-heeled tourists, and each loomed large in both scale and scope. The 750,000-square-foot Shops & Restaurants at Hudson Yards opened on Manhattan’s far West Side in March 2019 and brought with it the promise of a revitalized neighborhood bustling with luxury. Then the 3.3 million-square-foot American Dream Mall which opened in October 2019 just across the Hudson River in East Rutherford, New Jersey, was finally completed and offered an over-the-top combination of retail and indoor entertainment options. Finally, Nordstrom opened its first New York City flagship store, a 320,000-square-foot emporium on Manhattan’s 57th Street in October 2019, directly across from its 47,000-square foot Men’s Store, which opened in April 2018. Read more at Retail Dive.