SAKS OFF 5TH TO OPEN FIRST BRONX STORE NEXT SUMMER
Hudson Bay Company has announced that off-price retailer Saks OFF 5TH will open its first store store in the Bronx, New York, at Bay Plaza Shopping Center. The 25,000 square foot store is scheduled to open in the summer of 2017. Among the mall’s other retailers are H&M, Michael Kors, and Victoria’s Secret.
“New York is a special place for us and we’re excited to extend the Saks OFF 5TH footprint here,” said Jonathan Greller, president, Gilt and Saks Fifth Avenue OFF 5TH. “Bay Plaza Shopping Center is a unique shopping destination for New Yorkers, and we’re excited to join the community and offer an extensive selection of designer and luxury fashion at unrivaled prices.”
“We’re excited to welcome OFF 5TH to the Bronx and pleased to offer our shoppers an additional luxury option with great price points,” said Sam Shalem, chairman and CEO of Prestige Properties, which owns and operates the Bay Plaza Shopping Center.
Adds Jerry Welkis, President of Welco Realty, Inc.: “Saks OFF 5TH had many options to locate a store in the Bronx, but selected Bay Plaza because it is strategically located on the Bronx/Westchester border, at the intersection of two major highways, I-95 and the Hutchinson River Parkway, with great visibility and access from both.”
