SUBSCRIBERS

Nordstrom seeking space for 2nd store in Manhattan: CBRE

Published Wed, Oct 15, 2014 · 09:50 PM

DeeperDive is a beta AI feature. Refer to full articles for the facts.

New York

NORDSTROM Inc, the retailer planning to open its first New York City store on Midtown's West 57th Street, is seeking space in lower Manhattan for a second location, brokers from CBRE Group Inc have said.

Executives of the Seattle-based department store chain have approached landlords of South Street Seaport and 1 Wall St "and maybe one or two others", Richard Hodos, an executive vice-president at CBRE, said on Tuesday at a briefing for reporters on New York's commercial real estate market. "They're looking," he said. "They're negotiating economics with a couple of different developers at different sites. Contemporaneous to that, they are doing their area research."

Share with us your feedback on BT's products and services