Manhattan Mall: Difference between revisions

Content deleted Content added
mNo edit summary
Neutrall (talk | contribs)
mNo edit summary
Line 3:
The '''Manhattan Mall''', one of the few traditional indoor [[shopping centers|malls]] in [[Economy of New York City|New York City]], is located at 33rd Street and [[Sixth Avenue (Manhattan)|Sixth Avenue]]. There are entrances to the [[34th Street-Herald Square (New York City Subway station)|34th Street-Herald Square subway station]] and the [[33rd Street (PATH station)|33rd Street PATH station]] on the second basement level.
 
While the mall is still a high-traffic shopping venue which ashas had [[A&S]] and [[Sterns]] as [[anchor stores]] in the past. Currently the major anchor store is [[JC Penney]]. The Childrenswear Center occupies many of the upper floors.<ref>[http://findarticles.com/p/articles/mi_m3601/is_17_50/ai_111853510 "Argent Ventures completes repositioning of Manhattan Mall"], ''Real Estate Weekly'', [[December 10]], [[2003]]. Accessed [[October 2]], [[2007]].</ref> Venture bought the building in 1999 for $135 million and sold it to [[Vornado Realty Trust]] in 2006 for $689 million.<ref>Weiss, Lois. [http://www.nypost.com/seven/11292006/business/herald_square_dance_business_lois_weiss.htm "HERALD SQUARE DANCE: FRENZY OF COMMERCIAL DEALS IN RETAIL MECCA"], ''[[The New York Post]]'', [[November 29]], [[2006]]. Accessed [[October 2]], [[2007]]. "Then yesterday, Vornado Realty Trust revealed that it is buying the Manhattan Mall from Argent Ventures for $689 million."</ref>
 
The mall is located in the high-rise building formerly used by the [[Gimbels]] flagship store, which closed in 1986. After a renovation, it reopened as the Mall in 1989. It was originally 13 levels high but difficult access to upper floors made the whole mall a financial failure. All but two of the street level or above floors were removed soon after Stern's closed. On [[April 18]], [[2007]], [[JCPenney]] announced that it would open a {{convert|150000|sqft|m2|adj=on}} store at the mall, its first in Manhattan. <ref>Kavilanz, Parija B. [http://money.cnn.com/2007/04/18/news/companies/penney/index.htm?postversion=2007041810 JCPenney to open first Manhattan store: Department store chain announces it will open its first Big Apple location in the Manhattan Mall; ups first-quarter profit guidance.], [[CNN Money]], [[April 18]], [[2007]].</ref> Retailers, the [[food court]] and the direct entrance to the Subway and PATH on the second underground level were closed to make way for the new store. The store was opened on [[July 31]], 2009.