Barneys’ flagship Madison Avenue spot will stay open — but with a smaller footprint

Barneys New York’s iconic location on Madison Avenue will stay open for at least the next 12 months — though on a shrunken scale. Ashkenazy Acquisition Corporation, which co-owns 660 Madison Avenue, struck a deal with Barneys’ new owner to keep the flagship property operating, the landlord’s president Daniel Levy said in a statement Thursday. But Barneys, which occupies 275,000 square feet, will now stay open in a “smaller footprint.” Freds, the restaurant housed within

source https://therealdeal.com/2019/11/01/barneys-flagship-madison-avenue-spot-will-stay-open-but-with-a-smaller-footprint/