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Burberry Headed for Lower Manhattan

Luxury retailer reportedly committed to space in former World Financial Center

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Burberry Group plc (London) is reportedly committed to opening a store in New York’s Brookfield Place, the former World Financial Center now in the midst of a $250 million renovation.

The British fashion brand would be the second luxury tenant in the new center, which is expected to open Sept. 14, 20013. Michael Kors (New York) has already signed a lease for 1700 square feet in what is planned as 200,000-square-foot retail center.

Burberry’s space would be 5000 square feet.

The center is being developed by The Westfield Group (Sydney, Australia), under a deal with The Port Authority of New York and New Jersey, which also includes 365,000 square feet of retail space at 4 World Trade Center and 3 World Trade Center.

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