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Hudson Yards retail component is 60% leased

11/30/2016

After Neiman Marcus announced it would open its first New York store at Hudson Yards — the biggest development in that town in recent history — retail leases are being signed at a torrid pace.



According to developer Related Urban, The Shops & Restaurants at Hudson Yards are 60% leased more than two years before their scheduled opening in fall 2018.



“The west side of Manhattan is one of the most underserved retail communities in the city, and our aspiration is to assemble a collection of retailers and restaurants befitting the new neighborhood and the city,” said Kenneth A. Himmel, president and CEO of Related Urban, the mixed-use division of Related Companies.



More than 100 shops are destined for this million-sq.-ft., glass -walled retail center that will feature a public square and gardens plus a landscaped rooftop. Traffic is expected to be fed by the nearby High Line park and a stop on the newly extended No. 7 subway line.



Brands on board include Coach, Stuart Weitzman, Zara, H&M, Tory Burch, Kiehl’s, and Urban Decay. Nieman Marcus will inhabit a three-level space.



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