SEATTLE, Feb. 15, 2017 /PRNewswire/ -- Seattle-based Nordstrom, Inc. (NYSE: JWN) announced today plans to open a Nordstrom Rack in Manhattan at The Durst Organization's 855 6th Avenue. The approximately 46,500-square-foot store is scheduled to open in fall 2017.
Nordstrom Rack will occupy the first three floors of the newly constructed office/residential tower. The location is on the corner of 31st Street, two blocks from Herald Square.
"We are thrilled to announce a second Nordstrom Rack store in Manhattan," said Karen McKibbin, president of Nordstrom Rack. "Having a store near Herald Square – one of the most iconic shopping destinations in the world – is very exciting for us, and we look forward to offering visitors and residents of New York an additional location to shop with us."
This will be the 2ndNordstrom Rack store in Manhattan. The company has also announced plans to open a Manhattan flagship Nordstrom store in 2019.
"We are proud to welcome Nordstrom Rack to 855 Sixth Avenue," said Jonathan (Jody) Durst, President of The Durst Organization. "With 375 rental units, 150,000 square feet of office space and now 46,500 square feet of retail, the building is a perfect reflection of the diversity, energy and connectivity of the NoMad neighborhood. We look forward to many years of success with Nordstrom Rack at 855."
The Durst Organization was represented in-house by Eric Engelhardt, Rocco Romeo, Lindsey Ravesloot and Meghan Duffany and by Ross Berkowitz, Robert Futterman and Peter Whitenack of Robert K. Futterman & Associates, LLC. Nordstrom, Inc, was represented by Stephen Stephanou and Thibaud Veil of Crown Retail Services, LLC
Nordstrom Rack is the off-price retail division of Nordstrom, Inc., offering customers a wide selection of on-trend apparel, accessories and shoes at an everyday savings of 30-70 percent off regular prices. Nordstrom Rack merchandise, available at Rack stores and at Nordstromrack.com, comes from Nordstrom stores, Nordstrom.com as well as specially purchased items from many of the top brands available at Nordstrom. The Rack is designed to provide the ultimate treasure hunt to style-savvy customers.
Nordstrom, Inc. is a leading fashion specialty retailer based in the U.S. Founded in 1901 as a shoe store in Seattle, today Nordstrom operates 349 stores in 40 states, including 123 full-line stores in the United States, Canada and Puerto Rico; 215 Nordstrom Rack stores; two Jeffrey boutiques; and two clearance stores. Additionally, customers are served online through Nordstrom.com, Nordstromrack.com and HauteLook. The company also owns Trunk Club, a personalized clothing service serving customers online at TrunkClub.com and its seven clubhouses. Nordstrom, Inc.'s common stock is publicly traded on the NYSE under the symbol JWN.
About The Durst Organization
The Durst Organization, founded in 1915 by Joseph Durst, is the owner, manager and builder of 13 million square feet of premiere Manhattan office towers and 1,950 residential rental units with 3,400 in development. The Durst Organization is recognized as a world leader in the development of high-performance and environmentally advanced commercial and residential buildings. www.durst.org
The Durst Organization
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SOURCE Nordstrom, Inc.