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Brookfield Properties Proposes $400 Million Mixed-Use Project in Manhasset, New York

Developer to Turn Macy’s Into 'Mini City'
Macy's plans to continue to retain and run its Manhasset, New York, store, while Brookfield transforms the property around it. Illustration: Brookfield Properties
Macy's plans to continue to retain and run its Manhasset, New York, store, while Brookfield transforms the property around it. Illustration: Brookfield Properties
By Matthew Kahn
July 2, 2019 | 1:06 P.M.

Brookfield Properties, one of the nation’s largest shopping center owners, has announced a plan to invest $400 million to transform the land surrounding a Macy's in Manhasset, New York, into a mixed-use development with housing, office space, retail and a hotel.

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