After Bed Bath & Beyond's closure in 2021, the Ladies' Mile seemed doomed as retailers left, but now it's thriving with Ulta signing for 11,503 square feet.
The 700,000 square-foot cast-iron building, previously in decline, is now fully leased, demonstrating a turnaround in the retail market dynamics of the area.
With over 490,000 square feet leased in the last year, the formerly declining property has shown resilience and growth, dispelling earlier predictions of failure.
Ulta Beauty's new location, marking their third in NYC, reinforces the resurgence of the Ladies' Mile as a retail hotspot after significant past challenges.
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