Thursday, November 7, 2013
Macy's Flagship Store Gets Ready for Residents of Manhattan's Mushrooming Billionaires' Buildings
Macy's Splurges on a Makeover on 34th Street. (The New York Times, 11/5/2013)
Elevating the store experience: A major upgrade — and a strategy for Macy’s as it tries, like other retailers, to capture a larger piece of the thriving luxury goods market — is the expansive great hall beckoning shoppers inward from Broadway, with a full wraparound mezzanine above the luxury handbag and cosmetics counters. All in all, once the four-year renovation is completed in 2015, Macy’s will have added 100,000 square feet of retail space, for a total of 1.2 million square feet.
From the Excess Files: 6250-square-foot, full floor apartment, yours for \just $67,000,000. (11/4/2013)