LI Report: Neiman Marcus location, renovations could increase Roosevelt Field jobs
March 22, 2012 Leave a comment
A proposed plan that is currently under review could bring 2,800 jobs to Garden City by 2015 when the Roosevelt Field Mall hopes to complete the construction of a Neiman Marcus retail store.
The renovations are proposed to begin sometime in 2013 and include a new food pavilion and additional full-service restaurants that will replace the current food court.
In a press release issued by Simon Property Group, Richard Sokolov, President and Chief Operating Officer of Simon Property Group, said the planned renovation and expansion at Roosevelt Field will be privately funded and financed, and no taxpayer money will be involved.
The project is expected to create more than 2,800 construction jobs as well as hundreds of new retail and service positions in the new full-service restaurants and Neiman Marcus retail store. Sokolov indicated that in the 12 years that Simon Property Group has owned the property, Roosevelt Field has contributed more than one billion dollars in combined sales and property tax revenues and currently generates approximately $110 million in annual tax revenues that is paid to the State of New York, Nassau County, the Town of Hempstead and the Uniondale and Garden City School Districts. The redevelopment of the mall will only increase those payments, Sokolov added.
Neiman Marcus hopes to land on Long Island soon
The new Neiman Marcus store, the first of its kind on Long Island, will be a 100,000-square-foot building and will bring more high-end retail to the area. The Neiman name has been trying to come to Long Island since 2001 when the company planned to anchor a new mall that was proposed on the north shore in Oyster Bay.
“We are very excited to add the premier luxury department store Neiman Marcus to Roosevelt Field, which is already one of the most successful retail shopping destinations in the country,” said David Simon, Chairman and Chief Executive Officer of Simon Property Group. “Neiman Marcus will be an impressive complement to our existing roster of more than 270 retailers and will further enhance our ability to provide shoppers with the highest quality and selection of goods that they have come to expect and enjoy at Roosevelt Field.”
Proposed additions to the mall
According to the press release, the following are the proposed additions to the Roosevelt Field Mall:
- State-of-the-art interior design, featuring new lighting, flooring and seating, as well as bright and aesthetically pleasing common areas, flooded with natural light from a new glass-domed ceiling and additional skylights.
- Enhanced landscaping and signage throughout the exterior of the property.
- New subterranean and structural parking, offering ample spaces and more convenient access to mall entrances.
- Improved, access to and from the surrounding roads.
- A new Simon VIP Lounge.
- A new Food Pavilion to replace the existing food court, featuring a modern dining environment, outdoor seating and a wider range of culinary options for every taste and budget.
- Additional dining options, with The Capital Grille, Havana Central, Seasons 52, Bobby’s Burger Palace and Skinny Pizza this year joining Grand Lux Café and Houston’s. The entire area featuring these restaurants will become more patron friendly with reconfigured parking, valet service and enhanced landscaping and streetscapes among the new features being added.
Roosevelt Field Mall among largest in country
Roosevelt Field Mall is the sixth-largest retail shopping mall in the country, according to Simon Malls.
This is good news for job seekers on Long Island. According to the Bureau of Labor Statistics, the unemployment rate in America is currently at 8.2 percent. In the New York metropolitan area—including Northern New Jersey, Long Island and New York—the rate equals that of the United States. The unemployment rate in America spiked under President Obama in October 2009 at 10 percent.
Job market strengthening?
A CNNMoney tweet explains that the “number of people filing for first-time unemployment benefits rises 8,000 to 362,000 in last week, government says.”
According to an Associated Press report, although the number of first-time unemployment benefit applications was dramatically higher, the average is still low, which suggests that the job market is strengthening.
If the proposed expansion of the mall is approved, Long Island job seekers will have more opportunities to get themselves back on track and off unemployment.
View the below social media interactions for more perspective:
I qualified for unemployment!
More failures for Obama…. Can’t wait for him to go… Again.. You can run… you can lie…. you can spin… you can get your slick henchmen to lie for you too…but you have a record Mr. Obama… and we’ll FIRE you this November!!! Better start packing right now!!! http://www.gallup.com/poll/153161/Unemployment-February.aspx
Wow I’m making more off of unemployment then I was working full time at Stream.
Beautiful day outside, stuck indoor working arrgh!! I guess it beats unemployment and working night shifts.
Anthony Mirhaydari wrote 6 weeks ago in money.msn.com that: “the job market still stinks…Don’t believe the drop in the unemployment rate. There is still something very wrong with the economy.” His words were as prophetic as they were depressing, in view of today’s Gallup report on unemployment. Unemployment jumped from 8.6% in January to 9.1% in February, the largest jump in several years,and an indication that the recent pollyanish Rosie Scenarios being bandied about by the President and his minions are, like the reports of Mark Twain’s death, greatly exaggerated.