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Garden City, N.J. -- A Thursday report in the Wall Street Journal said that Neiman Marcus has moved on from its earlier plans to open a department store in the Mall at Oyster Bay, located in Syosset, N.Y., and owned by Taubman, and has instead decided to open a new 100,000-sq.-ft. anchor store at Simon Property Group’s Roosevelt Field Mall in Garden City.
The new store, slated for 2015 completion, will be part of a $200-million redevelopment of Roosevelt Field.
According to Wayne Hussey, Neiman’s senior VP development, the move was about timing. “We have been waiting patiently to get a store open at Oyster Bay,” he told WSJ. That store was delayed because Taubman has been unable to reach agreement with community and environmental activists in order to break ground on the mall.
Roosevelt Field is the country’s sixth largest shopping mall, and is anchored by Macy’s and Bloomingdale’s.