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Article: Grand Central to upgrade retail tenants. (Grand Central Terminal in New York, NY)(Brief Article)
- Article from:
- WWD
- Article date:
- March 4, 1997
- Author:
CopyrightCOPYRIGHT 1997 Conde Nast Publications, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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NEW YORK -- Grand Central Terminal, which is undergoing a $175 million head-to-toe renovation, will also be remerchandised with a higher grade of retailing, including Banana Republic and possibly Kenneth Cole and Next, the London-based men's and women's apparel retailer.
Banana Republic will have 7,429 square feet and is scheduled to open by June 1998, said Dan Worden, the chain's vice president of store design.
The terminal complex, which housed more than 80 shops and restaurants, has over 160,000 square feet of retail space. It has been cleared of retail tenants, who were either bought out or let their leases expire. Only the Oyster Bar remains operating in ...