Evening star. [volume] (Washington, D.C.) 1854-1972, 1901-05-16
INYADES NEW FIELD.
Saks & Company to Have Branch
store In New York.

Saks 4 Company to Have Branch
Store In New York.
The retail mercantile field of New York
is to be invaded by Washington merchants
and deal has been consummated by which
Messrs Saks 6. Co of this city will be in
stalled in an up-to-date modern steel struc-
ture on Broadway by September 10, 1902
The firm has leased the property on the
west side OF Broadway between 33d and
Saith street,, and the building which is TO
be erected there at once by New York
capitalists. The New York expansion is one
OF the most important steps taken In the
history of the Washington concern, and Is
calculated to bring into prominence in the
metropolis that has so long been
connected with the business enterprises OF
the national capital.
The establishment of an immense busi-
ness house in New York has long been
contemplated. and Mr. ISadore Saks stated
to a Star reporter this morning that the
site which has been secured has been in
view for many years, 1t is in what prom
iseS to be the shopping center of the great
er metropolitan city. being located fairly
well uptown, following the drift of popula-
ton and retail trade. The former retail
district down town in New York is now
mostly occupied with wholesale houses. The
residences are all uptown, and it is adj
yantageous therefore to bring the retail
shops as near as possible for the cOnven-
fence or tnlS class OF buyers. 1t VIII be
seen therefore by those acquainted with
the site that the location decided upon for
the new Saks store is one of the most de-
srable in the big city. This fact is fur
Their evidenced by the fact that the firm
of r. II. Macy Co. has entered into
contract for an extensive department store
on the Broadway block between 34th and
18th streets, just one square above the
Saks site
The building to be occupied by saks &
Co is to rise seven stories above ground
and will have both basement and sub
basement. 1t will be of modern steel and
stone construction and fireproof 1t Will
front OBJ feet on Broadway extending
back ninety feet on 94th street and 1872 feet
on :S3d street. Construction work will soon
begin. The block to be occupied Is at the
intersection of 9TH avenue with Broadway
and upon the ground now are located a
number of retail stores. One of the build
ings is the saloon run by James J. CorbAtt
the pug1liSt.
not been definitely decided as yet what
line shall be followed in the New York
store
We propose, however" he declared. ito
have the largest and best store of its kind
in America. The entire front of the block
between 33d and 34th streets will be COW
cred by our building. We shall incorporate
under the firm name of Saks & Co, in
which my brother and | shall. with our
associates, contribute all the funds"
Besides their extensive stores in Wash
ington the firm has establishments in Nor
folk and Indianapolis, and a manufacture
ing house in New York.
The establishment OF the new store in
the metropolis is expected to add strength
and to be Of great Importance and bene-
fl to the Saks stores in WASHINGTON and
the other cities occupied by the firm. The
great buying facilities in New York, the
center Of commerce in the east, being there.
and the city being an enormous trade
mart are well known, and the advantage
Of having establishment directly on the
scene is readily apparent, and its extern
siye upbuildng influence on the stores here
1t is declared will quickly be felt