Retailers Expanding Into New York
Manhattan will get two new Target stores, adding to the retail giant’s growing New York City footprint. As first reported by PincusCo, the company has signed a 20-year lease for a store at Vornado Realty Trust’s 150 East 86th Street on the Upper East Side and a 15-year lease for space at 795 Columbus Avenue on the Upper West Side, overseen by the Chetrit Group. The two new locations, totaling nearly 80,000 square feet, will be small-format stores, which offer easy pick-up service and grab-and-go products.
The new store at 795 Columbus Avenue, which is located off of 97th Street, will be the second Target planned on the Upper West Side. The company announced plans nearly two years ago to open a small-format location at 61st and Broadway near Columbus Circle. It was scheduled to open in 2019 but is now set to open its doors later this year….
Continue Reading: 6sqft.com
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