77
Fashion Jobs
BEIERSDORF
Sales Representative North Greece (Based in Thessaloniki)
Permanent · ATHENS
FOOT LOCKER
Συνεργάτης Πωλήσεων
Permanent · THESSALONIKI
L'OREAL GROUP
Senior Product Manager Maybelline – Consumer Products Division
Permanent · NEA IONIA
CLINIQUE
Consumer Marketing Manager, Clinique
Permanent · ATHENS
LA MER
Consumer Marketing Executive, LA Mer
Permanent · ATHENS
TOM FORD
Consumer Marketing Manager Tom Ford
Permanent · ATHENS
L'OREAL GROUP
Beauty Advisor
Permanent · THESSALONIKI
L'OREAL GROUP
Nyx pm Beauty Advisor (Attiki)
Permanent · ATHENS
H&M
Σύμβουλος Πωλήσεων - Μερική Απασχόληση
Permanent · CHALANDRI
ESTÉE LAUDER COMPANIES
Fixed Assets & Decorations Supervisor
Permanent · ATHENS
SEPHORA
Accounting
Permanent · ATHENS
SEPHORA
Category Specialist
Permanent · ATHENS
H&M
Σύμβουλος Πωλήσεων (Mare West) - Μερική Απασχόληση
Permanent ·
H&M
Σύμβουλος Πωλήσεων - Μερική Απασχόληση
Permanent · PIRAEUS
H&M
Hiring Day Chania - Sales Advisors
Permanent · CHANIA
MAD LORDS
Sales Assistant Scorpios Mykonos
Fixed-term · MYKONOS
FOOT LOCKER
Συνεργάτης Πωλήσεων
Permanent · MAROUSI
FOOT LOCKER
Συνεργάτης Πωλήσεων
Permanent · ATHENS
H&M
Σύμβουλος Πωλήσεων (Metro Mall) - Μερική Απασχόληση
Permanent · AGIOS DIMITRIOS
H&M
Σύμβουλος Πωλήσεων - Μερική Απασχόληση
Permanent · KALAMATA
H&M
Σύμβουλος Πωλήσεων - Μερική Απασχόληση
Permanent · NEA IONIA
GUESS
Sales Advisor (Greece)
Permanent · ATHENS
Published
May 11, 2021
Reading time
2 minutes
Download
Download the article
Print
Text size

Macy’s to invest $235 million in Herald Square renewal

Published
May 11, 2021

Macy's Inc. shared on Monday a new commitment to its flagship Herald Square store, including $235 million of private investment in the surrounding neighborhood.

Macy’s to invest $235 million in Herald Square renewal. - Facebook: Macy’s


The investment would go towards upgrading Herald Square’s transit infrastructure to include improved transit connections and ADA-accessible elevators and to turn its plaza into a more pedestrian-friendly urban space, as it plans to leverage its underlying Herald Square real estate to build a commercial office tower above its iconic flagship store. 

Macy’s said the renewal plan is expected to generate $269 million annually in new tax revenues for New York City, support 16,290 annual jobs and spark $4.29 billion in annual economic output.

“Macy’s Herald Square is one of New York City’s most iconic institutions, and, as we plan for the future, we are doubling down on our commitment to New York by reinvesting in our flagship location while committing $235 million in private investment to upgrade the Herald Square neighborhood through our tower project,” said Jeff Gennette, chairman and CEO of Macy’s Inc. 

“We are proud to make this leadership investment in New York’s recovery and are excited to welcome visitors back to Herald Square not only today, but for generations to come.” 

The Herald Square store first opened in 1902 and grew into 1 million square feet of retail space with its 1924 expansion from Broadway to Seventh Avenue along 34th Street. The store expanded again in 1931 when it annexed the Seventh Avenue building. 

The retailer said that the design of the new building is still being developed, but that it will be “a contextually appropriate addition to the neighborhood”. Macy’s is working closely with local officials, Manhattan Community Board 5, the 34th Street Partnership and other community stakeholders on final designs.

“New York is the retail capital of the world and Macy’s is a leader in our industry,” said Melissa O’Connor, president and chief executive officer of the Retail Council of New York State.

“Today’s announcement is a resounding vote of confidence for Manhattan and the entire state, and a strong indication that New York’s retailers and consumers will drive this economic recovery.” 


The project will go through the city’s Uniform Land Use Review Procedure (ULURP) process. Macy’s Herald Square location will remain open throughout the project’s timeline.

Copyright © 2024 FashionNetwork.com All rights reserved.