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Report: Target and developers buy site in New York City’s Bronx borough
New York City -- Target has partnered with two local developers to purchase a 7.9-acre United States Postal Service site in the Throgs Neck section of Bronx, N.Y., for $35.2 million, where they plan to build a 300,000-sq.-ft. mall, according to New York Read Estate News.
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Lord & Taylor to open first new store in a decade
Cleveland -- Lord & Taylor and Forest City Enterprises on Friday announced that Lord & Taylor will open a new, 80,000-sq.-ft. store to anchor Westchester's Ridge Hill, Forest City's outdoor retail/mixed-use development, currently under construction in Yonkers, N.Y. This will be the first new, full-line Lord & Taylor to open since 2001.
The new location will showcase the retailer's latest store design and will offer a mix of the best fashion, accessories, beauty and fragrance brands, as well as gifts and home accessories.