Just last week, premium designer fashion outlet Saks Off Fifth opened a 32k SF store on the ground level of Liberty View Plaza at 850 3rd Ave.
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Saks Off Fifth democratizes runway-ready outfits with its heavily discounted prices. In Brooklyn, it occupies a lovingly restored 102-year-old industrial building repositioned as a retail-industrial facility. Its arrival contributes to the trend of high-profile retailers snatching up and renovating old buildings, preserving their bones and historicity while installing updated infrastructure necessary to support operations.
The grand opening included a DJ, a ribbon-cutting ceremony, and $100 gift card giveaways to some lucky attendees.
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CPEX represented the owner of 850 3rd Ave in the transaction. Bed Bath and Beyond and its three subsidiaries will occupy the upper-level retail space, and plan to open next month.
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