Macy’s is moving from downtown Brooklyn studio space to Long Island City
One of the biggest department store in the country, Macy’s is taking a 150,000 square foot full floor at the Factory Building in Long Island City. This expansion and relocation to Queens is deemed by the company as a productive move for all intents and purposes.
Macy’s has already signed this deal at the Factory Building for a new space to photograph its merchandise, a move from its studio in downtown Brooklyn to Queens. At the moment, the studio is scattered on various floors at Macy’s Fulton Street store in downtown Brooklyn.
“As a major omni-channel retailer, we have increased needs to photograph merchandise for macys.com and various forms of marketing,” says a spokesman for Macy’s.
“The new Long Island City location will allow us to have the whole operation on one level with more modern facilities and space for additional sets, closets, pantries and a kitchen set-up as well as offices and conference room.”
This move is said to be one of the biggest leases signed in the Long Island City this year, reflecting how this neighborhood has been increasingly becoming an attractive place for businesses.
Long Island City is seen as being a great, yet cheap destination for back-office operations. It has transitioned into a community where companies prefer to base the core of their operations.
The Factory Building is almost 1 million square feet in size, and is currently owned by a partnership between Atlas Capital, Square Mile, and Invesco. According to a source, the building was actually leased by Macy’s way back 1926 or back when the department store used the same space as a furniture warehouse.
Without a doubt, this move by Macy’s added to the feather in the hat for LIC, solidifying it as a preferred destination for brands and businesses.