Leases  ·  Retail

Walmart Loses Store In Brooklyn, Running Out Of Options in New York


Walmart just sent out another cryptic release about a store it will not be opening in New York. Last time, it was an outlet at Willets Point. This time, we learn it is an even more serious non-event: the big box bogeyman’s long-sought beachhead in Brooklyn is not happening.

According to Walmart spokesman Steve Restivo, the company could not reach an agreement with The Related Companies to anchor the developer’s Gateway project in East New York. Despite this setback, the company promised to keep trying.
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