Neiman Marcus, downtown Dallas and Saks Global
CBS News · 5d
Neiman Marcus flagship store could remain open in Downtown Dallas after lease deal reached; Saks says plans to close have not changed
Nearly a century ago, Neiman and Marcus signed a 99-year ground lease on a plot of land in Downtown Dallas owned by C.C. Slaughter, who was a close friend of both families. According to the release, Slaughter never intended to make money off of the lease, which never exceeded $400 per month. It had expired in January but was extended to March 31.
Saks Global has finally made official what was largely expected: the historic Neiman Marcus flagship will permanently shut ...
The company still plans to close its downtown Dallas store but also says it's investing $100 million in its NorthPark ...
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