Report: Phillip Lim Opening Store at 48 Great Jones
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Bowery dismemberment is fast and furious these days. Demolition, a real estate portfolio of 11 buildings sold for $62 million, big fashion moving in, and hotels and high-end condos sprouting everywhere. Very soon the area will become an exclusive playground for the upper crust. Who are we kidding, though, it’s already that way. Today brings word of another bandwagoning market entrant, albeit just off the Bowery on Great Jones.
T Magazine revealed on Friday that Phillip Lim and his 3.1 imprint are collaborating with Target for a “stylish everyday wardrobe” collection. Now, a few days later, we can exclusively report that the fashion designer has eyes for 48 Great Jones Street. We don’t have much more on the details, but we hear whispers that the lease was signed on the space last week.
Certainly an interesting development ahead of his runway show on September 10 as part of Fashion Week.