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11 New Tenants Announced For Shops At Nanuet

The under construction Shops At Nanuet in July 2013
The under construction Shops At Nanuet in July 2013

Simon Property Group, owner of the under construction Shops At Nanuet, announced 11 new tenants on Thursday.  The list, primarily of retailers, brings the number of named tenants to more than 40.  At least 70 percent of the  tenants are expected to join the grand opening of the Shops At Nanuet scheduled for October.

The new additions are: J.Crew; J.Jill; Sur La Table; Corner Bakery Café; Paper Source; Big Dog Sportswear, Ann Taylor, LOFT; Tiara Jewelers; European Wax Center and Sleep Number By Select Comfort. Several of the new tenants had been disclosed by Clarkstown Supervisor Alex Gromack at a Nanuet Civic Association meeting in June but The Shops At Nanuet would not confirm them at that time.

Although October 10 had been announced as the targeted grand opening date, it has not been finalized.

"We are stating we are going to be opening October of this year," said Shops At Nanuet General Manager Ryan Hidalgo.

He said banners heralding an October opening will go up around the construction site on Friday. Hidalgo expects in excess of 80 percent of the tenants to be open by the end of the year and 100 percent to open by spring 2014. The two or three spaces still have available should be leased soon.

"We would expect those to be leased within the next 30 days," said Hidalgo.

The retailers join the previously announced line-up of: Fairway Market; Regal Cinemas; 24-Hour Fitness; Banana Republic; Coach; lululemon athletica; Michael Kors; Brighton Collectibles; Chico’s; White House|Black Market; Victoria’s Secret; Express/Express Men; Gap/GapKids/babyGap; Jos. A. Bank Clothiers; Vera Bradley; Bath & Body Works; The Limited; Soma Intimates; LUSH Fresh Handmade Cosmetics; LoveSac; Teavana; Cohen’s Fashion Optical; CUPS Frozen Yogurt; GNC; JLK Salon and TD Bank as well as restaurants Bonefish Grill; P.F. Chang’s China Bistro; Lime Fresh Mexican Grill; Zinburger Wine & Burger Bar and Banchetto Feast, which opened in the fall of 2012.

Several of the retailers slated for the open-air center are described as “new to market”. Those are Fairway Market, Regal Cinemas, 24-Hour Fitness, Coach, lululemon athletica, Michael Kors, Brighton Collectibles, Chico’s, Jos. A. Bank Clothiers, Vera Bradley, The Limited, Soma Intimates, LUSH Fresh Handmade Cosmetics, LoveSac. Eateries new to Rockland County include CUPs Frozen Yogurt, Bonefish Grill, P.F. Chang’s China Bistro, Lime Fresh Mexican Grill and Zinburger Wine & Burger Bar.

Junior anchors Fairway Market, Regal Cinemas and 24-Hour Fitness are joining the existing anchor stores - Macy’s and Sears.  When it is fully leased, The Shops At Nanuet will feature 50 small shops and three out parcel buildings. Banchetto Feast occupies one of those out parcels, TD will move into another and the tenant of the third has not been named. 

On August 23, many of the retailers and restaurants, including Fairway Market, will participate in a Job Fair at the Comfort Inn & Suites in Nanuet from 8 a.m. to 6 p.m.  

Mall owner Simon Property Group, Inc. is headquartered in Indianapolis, IN. It is an S&P 100 company and a leader in the global retail real estate industry.  Simon currently owns or has an interest in 326 retail real estate properties in North America and Asia comprising 241 million square feet. For more information, go to www.simon.com, on Facebook: www.facebook.com/shopsatnanuet or on Twitter:@ShopsNanuet.

Rick Langley August 08, 2013 at 10:22 AM
Another strip mall, just what America needs.
Bill August 08, 2013 at 12:58 PM
Jared, exactly how would your vision have happened? The town doesn't own the land, Simon does. Is there any indication that Simon wanted to build a mixed-use project? Be happy that they've decided to spend money and redevelop it into something that sounds great and will attract customers and not let it sit largely unused, like we have at the Jefferson Valley Mall in Yorktown. By the way, it people want mixed use and downtowns, why is the apartment building at Ridge Hill in Yonkers largely unrented?
Jared Rodriguez August 08, 2013 at 09:48 PM
@Rick exactly. But our zoning rules require that all retail be a strip mall. That's the only thing that towns allow developers to build. Which brings me to @Bill's comment: Simon owns the land and would want to maximize the value they can get from it. This is not my vision, it is theirs - like in Newport, Jersey City. Simon did present a much larger project to Clarkstown with additional use, however, the zoning (Clarktown's rules) prevents anything like. Therefore, it is much easier to work within the constraints of the existing law rather than challenging it and requesting a zoning change. Therefore, nothing is free market. Zoning Laws control each and every thing that developers building; they dictate what things look like, how big they can be, and how much parking is required. Per the existing, zoning, you could never build enough parking to satisfy a mixed-use downtown in Nanuet. It is very outdated and very car-based. Yonkers is not largely unrented - where did you hear that? You may be referring to the condos (for sale); the home selling market has been in a trough for quite some time, as you know. This is an issue across the U.S. Rentals, however, are doing extremely well. Ridge Hill may convert condos to rentals, which I am sure will do very well once they do. Also, if Ridge Hill was built at a train station (like at Nanuet), rents would be roughly 25% higher and lease-up would be in half the amount of time. Crazy, right? An odd thing is: in Haverstraw, lease up of a 400-unit apartment (rental) building occurred in roughly 6 months. This is almost twice as fast as certain areas in NYC. Pretty shocking. The demand is there for the right product at the right rent, especially within walking distance of a train station (like Nanuet). Haverstraw is walking distance to its downtown and ferry service to NYC, but it has no train. Nanuet is uniquely positioned to take advantage of its transportation superiority and create a truly vibrant and traditional setting for its residents. Disclaimer: I work for a large real estate company that has worked with Simon Properties. I don't advocate any kind of development, only development that reminds me of what America was before the 1960s - family-oriented, walkable, quaint, traditional and historic.
Jared Rodriguez August 08, 2013 at 10:51 PM
Robert Shiller, a Yale University economist, founder of the Case-Shiller Home Price Indices, and the forecaster who predicted both the dot-com and housing bubbles, has said we may be in for a new normal. According to Shiller, U.S. suburban development since the 1950s was “unusual” in its reliance on the automobile and the highway system; the bursting of the bubble may result in a bigger, more structural change. “The heyday of exurbs may well be behind us,” he has said. “Suburban prices may not recover in our lifetime.” http://www.wnyc.org/shows/bl/2013/aug/08/changes-suburbia/?utm_source=local&utm_media=treatment&utm_campaign=daMost&utm_content=damostlistened
Kim Raso Stewart October 06, 2013 at 12:47 PM
They have this kind of mixed use in parts of Florida and it's really nice...

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