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MTA Signs Seven New Retail Tenants at Grand Central Terminal
The Metropolitan Transportation Authority (MTA) announced seven new tenants coming to Grand Central Terminal in 2022. MTA’s newly signed tenants range from a Cipriani chophouse near its existing Cipriani Dolci restaurant to lifestyle brand Karma & Luck.
Despite previous challenges posed to retailing by the global pandemic, strong demand for Grand Central’s retail spaces coincides with Metro-North’s ridership recovery and a returning abundance of foot traffic at the historic terminal. One tenant celebrated its opening this past March, with the rest expected to open their doors by the end of the year.
“Grand Central Terminal is not just a transportation hub; it’s a destination in its own right,” said Metro-North President Catherine Rinaldi. “These incoming tenants recognize the vibrant atmosphere that makes the terminal so iconic will only increase when the Long Island Rail Road concourse opens this year, so their timing could not be more perfect.”
- ◦Lease
