Changes at Hudson Yards
What: The mall on Manhattan's West Side is changing its mix and converting some retail square footage into offices.
Why it is important: Despite Neiman Marcus closure and the Vessel tourist attraction still closed, Hudson Yards tries to keep its appeal by adding new retailers and widening its price range.
Louis Vuitton has returned to the mall with a freestanding store, after previously operating a shop inside the Neiman Marcus store. Several restaurants and services are also on their way, and Related Cos., the developer of Hudson Yards, is expected to soon reveal that an office tenant will move into the former Neiman’s space.
It appears the mall is adopting a broader appeal, widening its price range by adding new retailers and food and beverage offerings, in several cases filling vacated space, all the while maintaining a significant luxury component, but with less dependence on it. There is 390,000 square feet of gross leasable space for retail and restaurants, a figure that excludes the former Neiman’s as well as the Tak Room and Kawi restaurants and other businesses that closed and are being converted to offices. Elsewhere around the mall, there is space for five to 10 additional retailers, depending on how the available square footage gets allocated, though a luxury retailer would want to be on the ground floor.
Food and beverage openings in the past 12 months included Jibs; Magnolia Bakery; the Ana Bar and Eatery; Naked Tomato; Ladurée, and Peakaboo. Retail shops opened in the past year include Monica Rich Kosann, Venus et Fleur, Taft, Le Bella & Co., Levi’s, Messika, Marli and Herman Miller. Soon to open: Kamasu by Kissaki, an omakase experience from chef Edgar Valerio and executive chef Mark Garcia; Ana Wine; Fellow Barber; Calzedonia and Intimissimi.
