my last report for Fall, 2003, I wrote that it was the season for
beginning in New York; that autumn was when things start up and that
what was starting up was going to be good. And well, it was -- it
was great! Sales kept getting better and better; life kept getting
better and better. Even in the most beleaguered areas of the country,
unemployment went down, business started to improve. It was party
time on Wall Street. New York hadn't seen such a spectacular Holiday
season in years! It was a very Merry Christmas after all…
New York City has returned as the capital of
the World; the capital of Glamour. What all those hundred and thousands
of visitors come to see and experience.
Glamour bespeaks Luxury and the Luxury market
came back in a rush. Not only in those great bastions of the splendid:
Fifth and Madison Avenues and 57th Street, and their younger cousin,
Soho, but on the Upper East and West Sides, the West Village, and
that outpost of scintillating hyper-sophistication, The Meatpacking
The sumptuous and lavish can be found in just
about everything, from fashion, beauty, jewelry, and furs to hotels,
restaurants, furniture, and bath tubs. After months of deprivation
and being depressed, as the economy bounces back, there is the desire
to have a little fun, to enjoy living, to indulge in the un-necessities.
Shopping and shoppers are back. Luxury merchandise is consistently
showing the largest increase in sales. We've got some money again
and it's okay to spend it.
All this, and then, those incredible words on
December 14th, "We've got him." The retail real estate
market is strong, business keeps improving. 2004 is filled with
promises, all of which will probably be kept.
Fifth Avenue's Luxury Walk: Apple Computer
is rumored to be opening in the concourse of the General Motors
Building. Agnona is moving from Madison
Avenue to 663 Fifth. In lieu of Boucheron, Bottega
Veneta will have the space on 55th Street and Fifth.
Piaget has unveiled their newly renovated
store in the Crown Building. Gilan, a private
jewelry salon, has also opened in the Crown Building. Zara
has taken the North East corner of 54th Street. Façonnable
has a grand new flagship at Rockefeller Center and 51st Street.
American Girl Place has opened on 49th Street, across from Saks
and at 48th and Fifth, Sisley has taken
the old Benetton space, next to the new Benetton. Diego delle Valle
plans to open a Fay shop sometime next fall.
On the Golden Mile of Madison Avenue:
Nutrino has opened at 1184. There is an
Exhale Mind and Body
Spa at 980 and one at 150 Central Park South in The Hampshire House,
as well. F.M. Allen is at 962; Malia
Mills at 960. There will be a new Frederic
Fekkai, sans Chanel, between 81st and 80th Streets.
Barbour will be at 80th Street. Zitomers
is expanding again between 75th and 76th Streets. Ann Ahn
is at 957, also between 75th and 76th Streets.
Ralph Lauren is expanding
on 71st Street, taking over the Alain Mikli space. F. M.
Allen is opening, 962 Madison. La Perla
is also expanding, taking the former Moschino shop at 803. 791 Madison
will be the home of Dr. Nicholas Perricone's Cosmeceuticals.
Giorgio Armani, 760 Madison, is expanding
into the upper floors of the townhouse next door -- 762. LAI
has reopened at 65th Street. There will be a Completely
Bare Spa at Barneys, with
its own entrance on 61st Street. Ciribelli Jewelry
is at 609. Geox is at 595 Madison, as is
Shoba Madison, second floor. Robert
Marc moved to a larger store, from 575 to 551. The
Dahesh Museum moved into its fabulous new
space at 580 Madison and 57th Street. Spring Flowers
is at 538. Talbots Men and Talbots
Kids are now adjacent to Talbots Women
on 54th Street, replacing the Gap. Asahiya Books
and Mother's Work are coming to 360.
On 57th Street, the Crossroads of
Luxury: At 5 East 57th Street, the new Faraone &
Manella jewelry salon has opened and the Dior
flagship has reopened, 21 East 57th Street. Buccellati
has purchased the Holland & Holland brownstone at 50 East 57th
to provide a larger and more beautiful setting for their jewels.
Oxxford's Couture Collection will have
a new salon across from the Four Seasons Hotel.
On West 57th Street, The Sharper Image
is expanding, taking part of the retail space at 10 West, also home
to MacKenzie Childs.
the Upper East Side: Han Horse
is at 973 Lexington Avenue. Jay Kos will
have another store at 475 Park Avenue. JSA Furniture
is in the Interior Design Building on East 61st Street. Socco
will be at 118 East 59th Street, between Park and Lex. Bare
Escentuals will open its New York flagship, 1140
Third Avenue at 66th Street.
The Upper West Side: Scarpe
Diem is at 2286 Broadway. There will be a Games
Workshop, Ltd., Broadway and 72nd Street. Kangol
has opened in New York, 196 Columbus Avenue, between 68th and 69th
Streets. Bed, Bath & Beyond will be
at Broadway and 64th Street. Sisley is coming to The Time Warner
Center. The Mandarin Oriental Hotel has
just opened in The Center.
In the Flatiron District: Another Sisley
will be at 133 Fifth Avenue, at East 20th Street. Home Depot
is coming to West 23rd Street. Bluefly is
at 43 West 24th. Elegance at the Flatiron --a Cipriani Restaurant
-- 200 Fifth Avenue. There is talk of an Esprit
shop in the Flatiron.
Aldo Shoes is coming
to Union Square. Austrahan Homemade of Belgium
-- chocolate -- is already there.
On Sixth Avenue: Original Penguin
is at 42 West 39th, across from Bryant Park. The Container
Store -- the first in Manhattan -- at 629.
In Chelsea: It is rumored that Crate & Barrel
will be taking the old Buddha Bar space. There will be a new hotel
-- the Maritime, at 363 West 16th Street. Utowa
is on West 18th.
Another luxury hotel
is scheduled for the Meatpacking District, near 859 Washington
Street. DDC Lab will be opening soon and
Salon Lounge is at 861 Washington. Scoop
is at 873. La Perla will have a third store
at 425 West 14th. Lucy Barnes is at 320
West 14th. Calypso will be opening in March,
652 Hudson Street. Annelore is at 636 Hudson. Thom
Browne is at 17 Little West 12th and Shelly
Steffee at 34 Gansevoort. Louis Vuitton
may be soon be at 49 Eighth Avenue…
Soho is busier than ever: A hotel, (what
else is new?) the Bond Street Hotel, is
planned for 10-12 Bond Street at Lafayette. Dumbfounded
is at 201 Lafayette; Vice at 252. H&M
will be opening a second store at 515 Broadway, across from the
new Bloomie's. Michael K is also at 515.
Work in Progress is at 513, between Broome
and Spring. Shobha Soho, 594 Broadway. A.
Atelier is at 125 Crosby Street. Also on Crosby,
the new Rebecca Norman/Ash Francomb boutique.
M. at Mercer, 49 Mercer Street; Toys
in Babeland, 43.
Adler is at 47 Greene Street and Broome. Vivendum
by Arredo, 23/25 Greene and Bisazza,
43. Steven Alan has reopened at 60 Wooster and Robert Danes
is at 62. What Goes Around Comes Around,
351 West Broadway. Jurlique, 436 West Broadway.
Calvin Klein Underwear is coming to 104
Prince. Kid Robot is at 126 Prince Street
and the Delta Airlines Song in the City
is at 98. There will be a new Foot Locker
on Spring Street. Linus is at 180 Spring
and Amore Pacifica at 114. Sylvia
Lee Zion is at 93 Grand Street and Liore
Mannes is at 91. Sublime
is at 26 Varick. Esprit may also come to
Noho is home to Victoria Keen,
357 Lafayette Street.
In Nolita, there's Rebecca Taylor,
260 Mott Street and Tina Tang, 260 Mulberry.
Ulla Bezant is at 6 Spring and Duncan
Quinn at 8. Karikter is
at 19 Prince, between Mott and Elizabeth.
In the West Village, Ralph Lauren
will open a men's store at 381 Bleecker Street. The women's store
is already open at 380. Geminola is at 41
Perry Street. Sant Ambroeus is at 259 West
Fourth at Perry Street. There's another Cynthia Rowley
at 376 Bleecker, between Charles and Perry. Kaas Glassworks
is at 117 Perry Street. The Body Shop renewed
their lease at 747 Broadway. Nom de Guerre
is at 640 Broadway and Bleecker. Another Sisley
-- 753 Broadway and Eighth St. Paul Berman
has opened at 30 Vandam Street. Gucci may
be joining Ralph on Bleecker.
In Tribeca, Johnson & Hicks
has opened at 100 Hudson Street. And the big news is, what else
-- a hotel, which will be on Greenwich and
N. Moore Streets and is slated to open in 2005 -- this one to be
built by Robert De Niro.
In the Financial District: GNC
will open at 2 Broadway and Starbucks and
Aerosoles both have new leases. Banana
Republic will be in the Winter Garden at The World
Financial Center. Darling is at One Horatio
Street. Archipelago, 38 Walker. L'Express
will have a wonderful new store at 7 West 34 Street. Nine West is
at 21 West 34th.
On Times Square, Cipriani
is planning an exciting new venue in the Liberty Theater.
Jared M's new store
will be in the Garment District, near Madison Square Garden.
At 109 Third Avenue, Kiehl's, since 1851,
has expanded to the corner. Ro is now at
267 East 10th Street. Mashin is at 177 Orchard.
That's Faith for Winter, 2004 -- a great beginning
to a great New Year.