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National retailers like Brooks Brothers and J.Crew are stretching traditional boundaries on the Upper East Side, opening locations to the north and east of the 72nd Street corridor. Last year, department store Nordstrom confirmed plans it would take space at 225 West 57th Street, with the store slated to open in 2018. Ground floor frontage along Avenue of the Americas has been set aside where Hines is planning a high-end destination restaurant for its flagship development. After buying out the leasehold interests of discount retailer Daffys, JEMB Realty has announced plans to reposition Herald Center to attract full-priced, mainstream retailers. Battered by Hurricane Sandy, the Seaport will welcome 365,000 square feet of retail to the redeveloped Pier 17, scheduled for completion in 2015. Muss Development is helping to reshape the Fulton Mall area, welcoming retail tenants and restaurants, including Potbelly Sandwich, Panera Bread and an 11,000-square-foot Hill Country Outpost at 345 Adams Street, which shares a pedestrian mall with New York favorite Shake Shack. On the other end of the retail strip, City Point will soon house Century 21 and A|X Armani Exchange, among other retailers.
Set for completion in 2025, Relateds Far West Side development will include a 750,000-square-foot, 5-story, glass-enclosed shopping, dining and entertainment complex. Scattered throughout the complex, retail space will total 550,000 square feet across six levels, stretching from the Fulton Street Transit Center to Brookfield Place. The rebranded World Financial Center will welcome retail tenants including Michael Kors and feature a 30,000-squarefoot marketplace along with a fast casual dining facility. Restaurants will include Chopt, Umami Burger and Dig Inn. National retailers like Brooks Brothers and department stores have thus far balked at taking space Downtown, where up to 150,000 square feet are available between 23 Wall Street, 35 Wall Street and 15 Broad Street, and leasing agents have considered repositioning the space to appeal to other businesses, including restaurants.