Neiman Marcus' Hudson Yards Exit Is a Failure for the Entire Development

Luxury retailer's departure leaves a gaping hole inside new Manhattan mall

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The early 2019 opening of Hudson Yards, the years-in-the-making development on Manhattan’s far west side, was supposed to revitalize a rare forgotten area of the city. At the center of that effort was a shopping center filled with luxury retailers—and Neiman Marcus’ first New York City store was the heart of it.

Cut to not even two years later, and Neiman Marcus has filed for bankruptcy and announced its intention to close the Hudson Yards location permanently.

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