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Neiman Marcus Plan to Leave Lease Opens Some of New York City's Largest Floor Space

Luxury Retailer Rejects Some Leases in Bankruptcy Court
Neiman Marcus opened its three-story Hudson Yards store in March 2019. The company is rejecting its lease for the store in bankruptcy court. (Neiman Marcus)
Neiman Marcus opened its three-story Hudson Yards store in March 2019. The company is rejecting its lease for the store in bankruptcy court. (Neiman Marcus)

A plan by luxury retailer Neiman Marcus to permanently close four U.S. stores includes its high-profile Hudson Yards location in New York City, a move that makes available some of the biggest floor space in the nation's largest commercial property market for uses other than retail.

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