Neiman Marcus To Vacate New Store At Hudson Yards

From the fashion site Hypebeast:

Ever since Neiman Marcus filed for Chapter 11 bankruptcy protection back in May, there has been rumors and speculation that the retail giant would vacate its Hudson Yards location, some even suggesting that it could become a Facebook office.

Regardless of what the Hudson Yards space may now be used for, Neiman Marcus has finally officially confirmed that it would be vacating the premises, along with two locations in Florida and one in Washington.

CNBC reports:

Hudson Yards, built by two of the world’s largest real estate developers — Related Cos. and Oxford Properties Group — was temporarily forced shutter as part of the lockdowns to curb the spread of coronvairus.

It was an especially hard blow considering the mall had just barely opened. It is still not fully reopen, but several tenants are offering curbside pickup.

Dallas-based Neiman Marcus, saddled with debt and hammered by the Covid-19 crisis, filed for Chapter 11 bankruptcy protection on May 7.

The other stores mentioned above are in Fort Lauderdale’s Galleria Mall, on Palm Beach’s famed Worth Avenue, and in Bellevue, Washington.