TJ Maxx to Open First New NYC Store in Over a Decade (quick highlights)
Retail News: Discount retailer TJ Maxx has signed a lease for a new Herald Square store — its first new location in New York City in more than ten years. The store will open before the end of 2026.
Size & Location: The new location will occupy about 40,000 square feet on the corner of 34th Street and Sixth Avenue, in the former Gap space at Herald Towers.
Retail Context: This is a notable commitment to brick-and-mortar at a time when many retailers are shrinking footprints or closing stores — especially in Midtown Manhattan.
Herald Square’s Retail News: Herald Square has seen major pullbacks from brands like Uniqlo, Forever 21, and Kay Jewelers, and the old Old Navy flagship closed (soon to reopen under Primark).
Market Impact: The new lease is among the largest new retail deals in NYC recently, and it comes alongside other commitments — like Old Navy returning to Herald Towers — pushing retail occupancy there above 95%.
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