Luxury French Department Store Makes its U.S. Debut on Wall St
The highly anticipated opening of Printemps in Lower Manhattan has arrived. The upscale French department store is located at One Wall Street in Lower Manhattan, establishing its U.S. debut. The approximately 54,365-square-foot space leased in 2022 spreads across a portion of the ground and 2nd floor of the mixed-use Art Deco building that was formerly the home of the Bank of New York Mellon (BONY) until acquired by Macklowe Properties in 2014 for $585 million. The landmarked tower has since undergone a conversion into a mix of 565 residential condominiums with fully occupied base level retail space as Printemps, the 160-year-old retailer now joins the 74,000-square-foot Life Time Fitness facility and 44,000-square-foot Whole Foods Market. The new store designed in “the style of a Parisian apartment” features a mix of home décor, men’s and women’s fashion, cosmetics, accessories, footwear —including an expansive women’s shoe collection within the building’s famous Red Room and dedicated “Sneaker Room,” as well as a multiple dining options, and a public art exhibition. In addition, a physically separate wine & spirits shop will open next to Maison Passerelle, an 85-seat fine-dining restaurant serving as the anchor of the departments store’s five food and drink concepts, all of which will be operated by Kent Hospitality Group with the food offerings being created by Queens native Gregory Gourdet, marking the celebrated chef and restaurant owner’s return to New York City.
Photo courtesy of ABS Partners Real Estate