Barneys New York Returns to Downtown
Manhattan with Flagship Store at
Historic Chelsea Location
Barneys New York, the luxury specialty retailer, announced that it will
return to its downtown roots on 7th
Avenue between 17(th) Street and
16(th) Street with a significant flagship slated to open within 2017. An
original presence in the Chelsea neighborhood spanning 90 years, the
new Barneys New York flagship will
occupy a major portion of its former
historic store, providing a unique
shopping experience currently absent in the downtown market.
“Today’s announcement represents the
realization of our long-standing goal
of returning to downtown with a substantial location,” said Barneys New
York Chief Executive Officer Mark
Lee. “The opportunity to revitalize our
presence with a state-of-the-art store
on the same street where the company served customers for 75 years only
enhances that plan. We believe the robust and growing downtown market is
under penetrated in terms of a larger
specialty retailer, and we look forward
to serving these customers again with
what we anticipate will be one of our
most important stores.”
The downtown flagship will consist
of five floors totaling close to 57,000
square feet. The store will have 200 feet
of frontage running along the majority
of the Seventh Avenue block and wrapping the corner of 16th Street,