Target, Amazon Eye 34th Street For New Stores

by MR Magazine Staff

The ink is barely dry on Target’s new East Village lease, and the retailer is already on the hunt for its next Manhattan location, zeroing in on the West 34th Street corridor. The retailer recently signed a 30-year lease at Extell Development’s TRData LogoTINY 500 East 14th Street and is also opening a store at 255 Greenwich Street in the Financial District. But according to the New York Post, Target is looking to lease between 5,000 and 10,000 square feet, and is also considering 57th Street for another location. Megaretailer Amazon is also scouring the 34th Street area, which gets a ton of foot traffic thanks to tourist magnets Empire State Building and Macy’s. But wait, there’s more! QVC and the Home Shopping Network are also scouting locations in the West 34th Street area, the Post reports. Read more at The Real Deal.