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When the company filed for bankruptcy in 2020 and announced the closing of all of its New York locations, New Yorkers collectively mourned a 21st-century shutdown.
Century 21 Department Store Manhattan
The beloved institution will reopen its downtown flagship at 22 Cortland St., directly across from the World Trade Center, in the spring of 2023, according to an official press release.
Century 21 Department Store Hi Res Stock Photography And Images
The effort is a collaboration between Century 21 and Legends' experienced company, which is expected to offer a more streamlined experience for brick-and-mortar store customers. The logo will also be slightly different, adding "NYC" to it.
However, some things will remain the same, including the size of the store. The retailer will offer discounted men's, women's and children's designer clothing, shoes, accessories, outerwear and fragrances on its four main floors.
"Century 21 is and always will be a New York City brand," Century 21 CEO Raymond Gindy said in an official statement. "Our flagship store has long been a symbol of this city's resilience and unwavering spirit. In our 60-year history, we've only closed our doors twice, after the devastation of 9/11 and then during the COVID-19 pandemic. But like true New Yorkers, I was patient."
We're excited about the news and can't wait to check out the new and improved 21st Century Endless offerings.
Century 21 Files For Bankruptcy, Will Close All Department Stores
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Sign up for our newsletter and enjoy the best things out there for free NEW YORK - Century 21 Stores, the iconic New York City chain that closed its doors during the coronavirus pandemic, will reopen, the company's president announced Wednesday during a City Hall briefing on the coronavirus. .
Introducing President Mark Benitez, Mayor Bill de Blasio said the announcement "touched the hearts of New Yorkers."
"21st Century, like many other retail stores, has suffered a pandemic," de Blasio said. But now the 21st century is coming back to New York City."
Saying Goodbye To Nyc Icon
After closing during the pandemic, the iconic NYC chain will reopen in New York City and internationally, President Marc Benitez announced.
Last year, Century 21 Stores, a destination for shoppers looking for great deals on designer clothing, shoes, beauty and home goods for nearly 60 years, filed for Chapter 11 bankruptcy, closing 13 stores in New York, New Jersey and Pennsylvania. closed. Florida.
At the time, the company, owned by the Jindi family, said it had decided not to pay about $175 million to the company's insurers under its business interruption protection policy. The insurance money helped rebuild a flagship store in midtown Manhattan that was damaged in the 9/11 attacks, drawing residents and tourists.
Mark Benitez, president of 21st Century Department Stores, said the Jindi family, the owners of the amazing bargain, are currently working out the details of the reopening.
Century 21 Department Store To Reopen In Lower Manhattan After Covid Closures, Bankruptcy
"The love and support from our beloved customers, who travel from the East Side, the West Side, Downtown, the US and around the world, has been overwhelming," said Benitez. "The Century is, and always will be, a beacon of hope and hope, just as it was after the devastation of 9/11."
Many merchants fled the city due to the plague. Major retailers such as Lord & Taylor and Macy's continue to close stores.
Smart shopping expert Trey Budge says the retailer has a better chance of making a comeback than other chains.
"Because Century 21 specializes in bargains, they can time it better than high-end stores like Lord and Taylor," Boaz said. "Goods are more accessible and cheaper. People want it right now because they're struggling financially."
Century 21 Returning To New York
Century 21 has not announced when or where the store will open. Benitez said the management team is evaluating all "exciting aspects of the class," including locations in the U.S. and overseas.
"These details are currently being worked out and we will share them as soon as possible," he said. Century 21, a discount department store hit by financial ruin after its closure due to COVID-19, will return to the city next spring, the company said Tuesday.
A store is set to open in the former flagship location of the heritage fashion chain across the street from the World Trade Center in midtown Manhattan, which is good news for fans of the 13 stores that closed last year after the pandemic forced the company out. . Bankruptcy filing.
The Century 21 department store in Lower Manhattan will reopen in spring 2023. (Jefferson Siegel/New York Daily News)
Century 21 Department Store In New York City, Usa Editorial Photo
"Century 21 has partnered with Legends, a global purveyor of affordable luxury apparel, to create a revitalized shopping experience for its loyal local and global fans," it said in a statement Tuesday. "With this next evolution, Century 21 will stay true to its DNA of value and luxury, a brand that has produced an incredible variety of designer brands at unbeatable prices for more than 60 years."
The folks behind the revival "promise an easier shopping experience for customers with in-store updates and an enhanced e-commerce presence, all while opening brick-and-mortar stores."
Construction continues on the World Trade Center in New York, Friday, December 5, 2008. The west side of Century 21 Department Store is covered in red lights during the holidays. (Mark Lenihan/AP)
The reopened store on Cortlandt Street will sell designer shoes, outerwear, bags, perfumes and accessories for men, women and children on the four main floors it previously occupied.
Tearing Down Century 21, A Project That Was 'never Meant To Be' • Brooklyn Paper
Tourists and locals frequented the giant store for the chain's large red tote bags at deep discounts. Century 21 plans to add "NYC" to its logo, so these bags could get a new look next year.
The company was founded in 1961, with its first location in Bay Ridge, Brooklyn. During the 9/11 attacks, the Cortlandt St. outpost, Manhattan's largest pier near the World Trade Center, was destroyed. It is being repaired and reopened in February 2002, five months after the attack.
In this Sept. 30, 2020 photo, a man wearing a face mask walks into the Century 21 department store in Brooklyn during the coronavirus pandemic. (Mark Lenihan/AP)
"Century 21 is and always will be a New York City brand," Century 21 CEO Raymond Gindy said in a statement. “Our flagship store has long been a symbol of resilience and steadfastness in this city.
Century 21 City Point
“We've closed our doors twice in our 60-year history, after the 9/11 disaster and then during the COVID-19 pandemic. But like true New Yorkers, we persevered."
In February 2021, the company announced it would bring back brick-and-mortar stores, but did not announce which locations would reopen at that time. It was unclear Tuesday what additional 21st Century locations will reopen in the future. Ctury 21 Department Stores LLC was an American department store chain headquartered in New York City with 13 locations in the northeastern United States. It is scheduled to close in 2020 and reopen in 2023.
The original store was located at 472 86th Street in Bay Ridge, Brooklyn. Raymond Gindy, son of founder Al Gindy, serves as Ctury 21's chief operating officer.
Ctury 21's flagship location is located at 22 Courtland Street in Lower Manhattan, New York City, New York, USA, in the former East River Savings Bank (originally merged with Marine Midland Bank and today merged with KeyBank). It occupies the base of a 34-story office tower and has a financier bakery coffee shop on the third floor.
Street Artist Mr. Brainwash Creates A 9/11 Memorial Mural On The Walls Of The Downtown Nyc Century 21 Store
The store became a flashpoint during and after the 9/11 attacks. After the first plane hit the World Trade Center, the store was evacuated and the interior was badly damaged by the collapse of the twin towers. It was initially uncertain whether the store would be rebuilt, but the owners decided to stay put and reopened on February 28, 2002, five months after the attack. On the morning of the re-opening, thousands of people waited hours to get their sales receipts from that day.
The firm opened its first location outside of a major New York City in October 2014 on the second floor of the former Strawbridge Grand Shipyard on Market Street in Cater.
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