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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,