NORDSTROM SIGNS LEASE FOR SECOND NYC STORE AT 3 COLUMBUS CIRCLE

Nordstrom has signed a 23-year, 43,000-square-foot lease to anchor three levels of retail space at 3 Columbus Circle, which will further expand its footprint in New York City. No timeline was given for the opening of the store. The space is currently occupied by Bank of America, which agreed to have its lease terminated early.

The new store is expected to serve as an expansion of the Nordstrom seven-story, 400,000-square-foot, full-line flagship store, which is set to open nearby on West 57th Street in 2018. The company did not disclose what would be sold in the Columbus Circle space, which will have two of its floors below ground. SL Green and the Monian Group are the landlords of the Columbus Circle space.

Brett Herschenfeld, managing director of SL Green, commented: “We are thrilled that such a prestigious, world-class retailer will anchor 3 Columbus Circle at the corner of Broadway and 57th Street. New Yorkers have waited a long time to welcome Nordstrom, a retailer that flourishes throughout the United States, and which will further solidify Midtown Manhattan as the destination for high-end retail shopping.”