Neiman Marcus plans its first NYC outpost

NEW YORK - Luxury retailer Neiman Marcus is opening its first store in New York City.

The Dallas-based Neiman Marcus Group said Wednesday the 250,000-square-foot store will anchor the new retail complex being developed at Hudson Yards on Manhattan's West Side.

Plans for the $20 billion Hudson Yards complex calls for about 100 shops and restaurants, 5,000 residential units, a public school and a luxury hotel.

Neiman Marcus says its multi-level store is scheduled to open in 2018. The company also owns the landmark Bergdorf Goodman store.