World Trade Center Retail Woes Grow With Closure Of Food Hall

World Trade Center Oculus Mall

Westfield World Trade Center has lost the Market Lane Food Hall, another hurdle for the retail-challenged venue.

The six-month-old food venue in the Santiago Calatrava-designed Oculus building closed over the holiday break, The New York Post reports, adding to the dearth of eating and drinking options in the complex.

While Eataly is in Four World Trade Center, there has been little food and beverage for the complex itself in the years since it opened in 2016. The company behind Eleven Madison Park dropped the idea of opening a new venue at Four World Trade in 2018, and plans for a new Hawksmoor steakhouse were also abandoned.

That should change in 2020, when Westfield is planning to open six new food operators at the center this year, per the Post, including Pescatore Sushi, Godiva Café, Taco Dumbo, Special Bowl and Sweetcatch Poke.

The World Trade Center's retail complex has faced a slew of challenges, both small and catastrophic.

The skylight in the Oculus building has leaked, reportedly caused by the seal ripping after opening and closing for the Sept. 11 commemoration in 2018. The year before, a woman fell off the escalator and died. Landlord Unibail-Rodamco-Westfield, known as URW, has been sued by tenants who claimed the space was not "tenant ready."

The retail space at 3 Word Trade, which is also controlled by URW, has similarly faced trouble landing a tenant. While food and beverage tenants have been seen as a major savior of the city’s troubled retail environment, rising costs and increasing minimum wage have also put them under pressure.

Continue reading this story with a free account

Log in or register
Sign up for more articles like this
Subscribe to Bisnow's New York Newsletters
Related Stories

RXR Marketing Executive Lauren Maturo Dies At 32

GGP To Redevelop Former Dick's Sporting Goods Store At Frisco's Stonebriar Centre

From Pandemic Darling To Cautionary Tale: Pickleball Clubs Face A Reckoning After Betting Big On Retail Space

Gwinnett Mall Project Stands To Benefit From Georgia's Opportunity Zone Picks

Weil Gotshal Wind-Down Leaves 830K SF Hole In America's Office Market

Meet Bisnow's 2026 New York Power Women Honorees

Related, Oxford Land Tenant For Top Floors Of 70 Hudson Yards

BXP Execs See Better Returns In Building Offices Than Buying Them

$60B Fintech Ramp Inks Huge Expansion In Flatiron: The N.Y. Deal Sheet

As The Future Of The Office Continues To Evolve, WeWork Is Bringing Clients A Tailored Workplace Solution

JLL: Holiday Spending To Rise Nearly 10%, But Shoppers Aren't Splurging On Gifts

Cushman & Wakefield, NYC Added To Suit Alleging $250K Agency Lease Shakedown