IMPENDING DOOM:

Patricia Field To Close Her Store After Nearly 50 Years

UNDER CONSTRUCTION:

Maybe Barneys Really Will Be Ready To Open In Chelsea By Early Spring

EXPANSION EXCITEMENT:

Saks Fifth Avenue's Downtown Men's Store Has An Address

250VeseyStAfter a casual announcement that it was in the works earlier this Fall, it now appears that Saks Fifth Avenue's freestanding Men's store will land at 250 Vesey Street (pictured at right), not far from the full-line store in Brookfield Place that is scheduled to open this Summer.
The New York Post reports that the retailer has taken the space that was thought to be allocated to French chef Joël Robuchon for a gourmet restaurant and market. Perhaps it was decided that one French culinary hall, Brookfield's Le District, was enough for the area. Saks will reportedly be taking 16,750 square-feet on the second floor of what was originally called 4 World Financial Center which includes all of Robuchon's space plus an additional 4,000 square feet. The space overlooks the Battery Park City marina which will be a nice view for the store currently expected to open in March of 2017. Included with the larger full-line Women's store and an upcoming Off 5th unit on the other side of the World Trade Center complex at One Liberty Plaza, Saks will have an impressive presence in the Financial District, a neighborhood whose potency as a major shopping destination still has yet to be proved.

Saks in, Chef Robuchon out in downtown stunner (NYPost)

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