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Golden Miles
Le Printemps fails to turn tip of Manhattan into destination shopping hub

Printemps’ arrival has so far failed to turn Lower Manhattan into a luxury shopping hub.
Printemps’ arrival has so far failed to turn Lower Manhattan into a luxury shopping hub.© Studio Pachamama

One year after opening on Wall Street, Le Printemps New York embodies the ambitions – and limitations – of the Financial District's transformation into a new hub for luxury goods. Despite its commercial success, the neighbourhood, caught between urban inertia and political change at City Hall, is still struggling to create a sustainable high-end ecosystem.

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