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.
Champagne flutes in hand - "a French touch", say the sales staff who serve all-comers - visitors flock beneath the art deco mosaics of One Wall Street. Nearly a year after opening in the Financial District (FiDi), Le Printemps New York, which is owned by the former emir of Qatar Hamad
