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Old Posted Jun 6, 2017, 10:27 PM
C. C. is offline
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Join Date: Jan 2014
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A little off topic, but the World Trade Center Transit Hub Mall seemed like they were really targeting the wrong market. This article today is timely. IF built, I think American Dream will do a much better job than the WTC mall since they are not ignorant of their market, but I still think it's a tough environment for retail in general. The entertainment options may be the only saving grace, IF built.

https://therealdeal.com/2017/06/06/e...grand-opening/

Quote:
any storefronts are covered over with wrappers directing shoppers out of the underground portion of the mall and up to the Eataly market on the third floor of Silverstein Properties’ 4 World Trade Center. And as Westfield works alongside Silverstein on the second, 75,000-square-foot Phase 2 in the base of 3 World Trade Center – expected to be completed in 2018 or 2019 – the Australian-based mall REIT is rushing to get delayed stores open and is trying to correct the perception of the project as a transit hub and a retail afterthought.
Ugh! That's because it IS a transit hub.
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