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What do you think? Could this actually increase property values?
No, and they'll close within ten years.
Fairway in Kips Bay might increase property values, but the cream cheese has gotten so expensive there. Inflation is out of control.
Increase property values on 57th?
Possibly makes it less attractive for residential
I don't shop much, and I don't particularly enjoy it, primarily because there's loud music and no service. Nordstrom is a different breed (no loud music, tons of service), so that will be my store, even though it's out of my nabe. I'd actually subway there!
Nordstrom's is a miserable shopping experience. It's flooded with aggressive salespeople who won't let anyone shop in peace. They constantly accost you so that you don't have a chance to look closely at anything or check out the quality of materials and construction. They're like the irritating fawning waitstaff at "high end" restaurants who perpetually interrupt your conversation and drain your wine bottle as fast as is humanly possible.
Whatever happened to red carnations so YOU can find the salespeople when YOU want to? Or staff that's smart enough to look for a certain kind of eye contact as a signal that you want their input.
alanhart, curious which Nordstrom you have shopped at. I regularly go to the Westchester location and have been to many others throughout the country and have never encountered that problem.
Nordstrom is a great addition to the neighborhood and will serve as an anchor tenant to the area drwing additional businesses. Great place to buy men's shoes and suits.
ChrisT -- it was in San Diego, and it was decidedly my last visit to Nordstrom. Glad to hear it's better in the NY area. Now if only "good" restaurants were also ...
My first visit to a Nordstrom was in Chicago.
I was approached by a saleslady once after a few minutes and she just told me her name and to ask her for help if I need it.
Only after I picked out a couple of things did she return to ask if I wanted her to put them in a dressing room.
"yes". Very nice.
Men's shoes at Nordstroms? Maybe if you like Johnson & Murphy or Allen Edmounds but not if you actually have any style.
Wrong. Nordstrom in LA and SF have "trendy" fashions for men. Stop lying. I love it.
and jason is a stylin' guy.
No, Jason is a Californian
>Nordstrom is a great addition to the neighborhood and will serve as an anchor tenant to the area drwing additional businesses.
Yeah, there really isn't much retail in that neighborhood, except if you count 5th Avenue on one side and Columbus Circle on the other side.
They may really be counting for spillover from Time Warner Center. (Which of course, with Whole Foods, actually brought a supermarket to the neighborhood, though shopping for food in a MALL is just SO New York!! LOL
Aside from Whole Foods, the restaurants and the gym, it's not clear to me that anybody actually spends any money in the Time Warner Center ... it feels more like flagship stores to build brand equity. Am I wrong?
Nordstrom certainly doesn't need a huge flagship, especially in that particular location, just for brand equity.
And downtown1234, I like Allen Edmonds shoes. But I can buy them at Allen Edmonds and not have to walk through a huge maze being attacked by shopgirls who want to tell me their names. At a shoe store, everybody's name is Al Bundy.
I wasn't "attacked by a shopgirl". ("shopgirl"?! this is 2012) She was a very polite saleslady and helpful when I needed her.
More putz banter.
Nordstrom"s started as a shoe retailer and grew into something more. That is why their shoe department is so good.
I still wouldn't shop for shoes at Nordstrom. In fact, I'm not sure what I would buy there. Their suit collection matches their shoe collection - Hart Schafner and Marx? Faconnable? Tommy Bahama? Dress shirt with pockets and button down collars? No thanks. Nordstrom is a step above Macy's. It's what people from the midwest with their Coach handbags call "high-end".
jason10006 - I bet you look great in your chinos and tasseled loafers...
I don't know about the menswear. But I was happy to shop there and found things to buy.
I already buy high-end and I'm not from the midwest. Own over 100 bags, not one of them Coach.
>Nordstrom is a step above Macy's.
They may not do well in Manhattan. Manhattan's about either cheap, or expensive luxury. Not "what people from the midwest with their Coach handbags call 'high-end'."
Shoppers in Manhattan don't all live there.
Commuters from the boros and beyond will shop there.The ladies get their paycheck on Friday and want to buy a bathing suit or whatever.
Tourists will like it.
Commuters will not be shopping there.
Tourists, yes, but that's a limiting strategy.
Why will commuters from the suburbs shop there when every suburb has already had a Nordstorm's for the last gazillion years?
Not to mention, in New Jersey, Governor Chris Christie's state, there's no sales tax on clothing.
You underestimate the power of female lunch hour shoppers.
The upscale boutiques and Bergdorfs are full of tourists. They come into Nobu to eat with shopping bags from T.J.Maxx on 57th and 8th mixed in with Bergdorfs shopping bags. The high-low shopping evidence.
Socialist: because they don't have to shlepp the kids. Gives them a chance to shop with co-workers.
The same reason people go out for a drink in Manhattan before going to Penn or Grand Central.
They can wait until they get home but then they're home and somebody is waiting for dinner or whatever family life activity is going on.
I'm only reporting what I observed from so many years of shopping in the city. Walking on 57th street.
Will it be a big hit and be in that location forever? Who knows maybe not.
What would you prefer to be in that location?
huntersburg: I could have saved lots of sales tax money if I had shopped in N.J. instead but I never have.
and females shop with friends and co-workers as a social activity.
That's because you live in NY. But if you live in NJ, you aren't going to Nordstrom in Manhattan.
This isn't Century 21.
there is a pretty good century in morristown
If I live in N.J. but work and have friends in Manhattan --we ladies go shopping in Manhattan.
Maybe shopping for family's clothing in N.J. but that's about it.
We shop all over high end to low and mid range price points.
Go to several different stores to shop for one outfit.
"What would you prefer to be in that location?"
An indoor ski slope of course!
back to the longest discussion I've ever had with a guy about shopping:
There is better stock in Manhattan stores (dept. and discount).
The Century in Manhattan has more high end designers and frequent incoming stock than the Century in Brooklyn.
The stores (dept. and mid range, discount), are crowded during weekdays at lunch hours 12-2pm. Those aren't Manhattanites who can shop at their leisure without crowds during the weekend. They are commuters. I know because they are dressed in office attire, as opposed to tourist attire.
and most moms would agree that shopping for themselves while shlepping the kids is not easy.
words of wisdom from a Gertz gal
Shut up you drunken gnome.
You came back to se pretending that you didn't troll me with your relentless lies.
Now if anybody doubted that you were lying -- they know now that you were.
The lies, threats, trolling interference on every thread discussion that I posted a comment on.
You don't even have the sense to be embarassed about your infantile behavior.
Gertz. Just googled it. Funny.
yeah, hilarious banter from alanhart.
"jason10006 - I bet you look great in your chinos and tasseled loafers..."
No, you fucktard, they have two seperate mens areas in their LA and SF stores. A convervative menswear section and a trendy area that it similar to the basement at Bloomingdales at 59th. I.e. all sorts of 7 jeans and d-squared type of overpriced trendy fashions. And show dept reflects both. Its not as good as Bloomingdales mens section, but its not all Brooks Brothers style clothing.
jason - Brooks Brothers is a big step up from Nordstrom. If you don't get it, you don't get it. It's ok. Nothing wrong with not being stylish. Not everybody can be.
Brooks Brothers is safer and more conservative, but a step up? I'm not sure. Nordstrom's carries many brands. Some of their customers are probably cross-overs.
And some of Brooks Brothers' customers are probably cross-dressers.
Do you suppose Nordstrom will have the same merchandising in their Hells Kitchen vicinity location that they have in their stores on the mainland? I mean before they decide to close the store or turn it into a clearance outlet.
>No, you fucktard,
What is a fucktard? I'm not even sure it is illegal for mentally impaired people like Jason to be having intercourse. Or at least it shouldn't be. They have no capacity to consent, and if they have offspring, I mean, do we really need that?
>jason - Brooks Brothers is a big step up from Nordstrom.
I agree with Riversider - I'm not so sure about the accuracy of your POV on that.
>Do you suppose Nordstrom will have the same merchandising in their Hells Kitchen vicinity
Hells Kitchen vicinity?
The best thing about the new Nordstrom will be that they won't have the abusive drunken gnome shopping there.
Wow. Will they feature that in their ads?
Hey Jason, loosen your retard helmet a little, it's limiting your oxygen flow
And you have it exactly backwards downtown. I was a Carrie. A label whore. The boys at Saks, Versace, and Nieman Marcus used to set things aside for me unprompted because I came in so much. I spent more on clothes than everything else combined. The Tommy Hilfiger red white and blue jeans custome made for the Aaliyah "Hot Like Fire" video? They made fifty pair. TOTAL. ON EARTH - I had a pair.
Which i only wore twice.
Gay pride 1998 I remember distinctly wearing a $1000 silver leather Calvin Klien ( not CK - the main line) jacket, a $300 semi-sheer silver-intend powder blue Versace polo shirt, my black Gucci belt, silver and black Jean Paul Gaultier snakeskin pattern jeans, and black rubber soles Ferragamo shoes.
Other than the shoes and belt I wore each of those maybe three tea total.
I had more Versace, D&G, Gucci, Hermes, Polo Purple label, etc. than I did common sense.
I was way TOOO fashionable.
What logo do you have on your retard helmet?
I'm not so sure “fashionable“ would be the right word for what you just described.
fashionable is exactly the word. Not to be mistaken for stle or stylish which is different.
Fashions change each season every year. What's old eventually comes back into fashion, with modifications in colors, fabrics and fit. Those changes are what drive the fashion industry.
Style is an individual choice of quality over trendy. A personal signature look and way of putting outfits together.
jason's gay pride look in 1998 was very fashionable and high end at that time. Worth money now if he still has it in good condition. Wardrobe depts.of t.v. and movie production pay big $ for those items.
You don't know jack about fashion or style. but what else can one expect from an old, envious, abusive, drunken gnome.
The only good thing to say about Nordstrom is that the sales peple are less gross than Needless Markup.
Nordstrom's space is between Macy's and Blooningdales - pretty usless.
According to the Wikipedia:
Erik Nordstrom, president of stores at Nordstrom stated, "... unfortunately our business has declined over the long term for some time and despite our efforts to turn things around we don't see the outlook significantly changing."
Regardless of my thoughts on Nordstom, I admit it has a very loyal following (more so than almost any retail store I can think of other than perhaps Barney's). And regardless of whether I would shop there, I would love to see one in my neighborhood (FiDi). It's like a Whole Foods - it attracts other stores wherever it goes. When the retail center in final takes shape at WTC and WFC, I'd like to see a Nordstrom. I read that the retail developer is planning on 1-2 large department stores.
Nordstrom has such loyalty because the customer service is out of this world. And despite what ieb says, there clearly is a space for something between macy's and bloomingdales.
And I made the mistake of ungraying alanhart. Never again. But to respond to his BS - here the stock chart over the last 5 years of Nordstrom versus Macy's. With Saks thrown in for good measure. Nordie's stock has done a lot better than either.
And May same-store sales were up by more at Nordie's than Macy's.
And all this from someone who prefer's Bloomingdales (owned by Macy's) to either.
Customer service there is no different than any NYC higher end store where the salespeople work on commission. That level of service is less common in the burbs, hence the"loyalty". So they come to New York, and who really cares.
Back to the OP question: No. It won't increase property values.
and huntersburg: in some of those higher-end stores you will get better attention from salespeople if you are well-dressed. Walk in dressed-down and the service isn't as good.
That's the truth.
I agree with Truth about OP's question.
Also about how you're dressed vis a vis service level. Add shopping bags from a couple of well-known shops and you'll have the salespersons all over you as soon as you step foot in the door.
New York Post
Nordstrom buys its 57th St. store, jumbo skyscraper pending
By LOIS WEISS and JAMES COVERT
Last Updated: 6:20 PM, August 26, 2013
Nordstrom will be settling on West 57th Street for the long haul.
The Seattle-based retailer has shelled out $102.5 million to own the site of its future Midtown flagship store, which will anchor one of the tallest buildings in the world, according to property records reviewed by The Post.
As first reported by The Post last June, the upscale chain will open its first New York department store at 225 W. 57th St. — with an entrance on the east side of Broadway.
The store will occupy the first seven floors of an 88-story residential condominium tower that will stretch 1,550 feet, according to property records.
That’s taller than the Empire State Building, which is 1,454 feet to the tip of its antenna, and nearly as tall as the upcoming One World Trade Center, whose official height of 1,776 feet is yet to be certified, but would also include its 408-foot tall spire.
Nordstrom, in public filings last week, said its new store, slated to open in 2018, will have 175,000 square feet of floor space. Last year, Nordstrom said the store will span 285,000 square feet.
A Nordstrom spokeswoman wasn’t immediately able to clarify whether plans for the store have been downsized. The larger figure also might include additional facilities such as mechanical space.
At $586 per square foot, it is likely that Nordstrom’s land purchase is a down payment for the future delivery of its store. The deal also could give Nordstrom control of the site should something go awry with its development by New York real-estate mogul Gary Barnett.
A spokesman for Barnett’s Extell Development didn’t immediately respond to requests for comment.
Last week, Barnett — now armed with more than $100 million to begin development of the giant tower — cleared the way for Nordstrom’s payment by purchasing the last piece of an odd-shaped land puzzle between West 57th and 58th streets that will become the site of the project.
Barnett bought the last holdout — the 20.2-foot-wide Beethoven piano building at 223 W. 58th St. for $25 million.
At the same time, Nordstrom became responsible for a token $1 million mortgage from a Blackstone entity, while Barnett obtained a new $300 million mortgage from Blackstone and paid off a previous HSBC loan of just under $250 million.
Barnett has agreed to convey the completed store to Nordstrom as a condominium. No condominium plan is yet filed.
The Nordstrom deal was announced last June by Mayor Bloomberg and Barnett along with Erik and Peter Nordstrom.
To date, the city Buildings Department has not approved plans for the new building.
Meanwhile, Beethoven piano store owner Carl Demler is now in contract to buy a building across the street, said his broker Ronen Korin of Manhattan Connection.
“He wasn’t so eager to sell,” added Korin, leading to the high price for the small building on what was known as Piano Row.
The sale to Barnett also wiped out previously paid off property tax liens on Demler’s building dating back to 1996 and 1999.
Nordstrom has also closed the Soho space that was the site of its announcement last year that was occupied by Treasure & Bond, a 3-year-old venture that was supporting city children’s charities.
That retail condo is owned by city comptroller candidate and former Gov. Eliot Spitzer.
Nice addition to the neighborhood. Good competition and a new choice to go to for men's shoes and suits.
Yeah, we didn't have enough choice in Manhattan.
And Central Park doesn't have enough massive shadows cast far and wide upon it from points south.
We should eliminate Central Park along with the plan for the new spiteful garbage transfer center on the Upper East Side. The goal is lowest common denominator. Soon we'll all be at 300_Mercer's level.