Daily News excerpts -
CityTarget, Target's slimmed down answer to urban markets, will occupy
the entire second floor of City Point, the 675,000-square-foot retail
center currently under construction in Downtown Brooklyn, sources told
the Daily News.
The 125,000-square-foot deal, which was inked over a year ago, also
includes some storage space on the third floor of the retail complex.
"We know that Brooklyn is on the rise," a spokesperson for Target told
the Daily News. "We know it's filled with everyone from urbanites to
students to tourists. CityTarget will be incredibly well suited to
serving the neighborhood as well as visitors."
The store will open in 2016. Other big retail anchors of the complex
include Century 21 and Alamo Drafthouse Cinema. Rents start at over $20 a
square foot and top out at around $40 a square foot, industry sources