New York & Tri-State CRE News In Your Inbox.
Sign up for Connect emails to stay informed with CRE stories that are 150 words or less.
French Department Store Printemps to Establish First U.S Locale
French luxury department store Printemps will open a new store in New York, marking the brand’s first U.S. initiative. Printemps will open a 54,365-square-foot store at One Wall Street in Manhattan’s Financial District.
The One Wall Street store will be on two levels, with a façade that measures 346 linear feet facing Broadway. The store is expected to open in the spring of 2024.
“The US is essential in our international development strategy and opening in New York offers high visibility and growth potential,” said Jean-Marc Bellaiche, CEO, Printemps Groupe. “We think we can bring something unique, both to its engaged local consumer base and the strong tourist flows the city welcomes. It is also a strategic ecommerce market for luxury, fashion, home, and beauty.
“We plan to pioneer a new format of experiential retail in this fast changing and demanding market,” Bellaiche continued.
- ◦Lease

