The evening times. [volume] (Washington, D.C.) 1895-1902, 1901-05-16
LOCAL MERCHANTS EXPAND.
saI<s & CO. to Conduct n Great De
partmcnt Store in the Metropolis.

! NEW YORK May 1G.-Sa}S & Co. of
1 Washington. have secured the property
/ Included in the block between Thirty
/ third and Thirty-fourth Streets on Broad
way 1t is understood that they viii erect
. large stere-oa this ground=EeS year.
The above despatch was this morning
confirmed by Fsadore SaEz. Of the firm
of Saks ( Co This firm VIII erect a
seveu-story building, modern in every re-
sDect and the mercantile establishment
VIII take rank with the most prominent
concerns in its line in New York city
The invasion Of Gotham 10y Saks & Co.
marks an epoch in the brilliant CONNER
ciaI career of that house, which was
founded in Washington thIrty-six years
ago
Isadore saks speaking of the matter this
morning said:
We propose to have the largest and
best store of its kind in America The
entire front of the block on the vest side
Of Broadway. between Thirty-thfrd and
Thirty-fourth Streets. will be covered
with new, up-to-date business building
We shall incorporate under the firm
name of Saks & Co, in which my brother
and ], together with our associates. con
tribute all the funds. We have had this
location in view for many years.
The actual dimensions of the property
We have secured are 221 feet on Broadway.
10 feet on Thirty-third Street, and 90
feet on Thirty-fourth Street. We will
erect a seven story structure with sub
/ basement. The building will be construct
. cd Of steel and stone The buildings
which now occupy the property will be
torn down. Work will begin on January
l. 1902 After the demolition of the old
buildings is completed the work of erec-
ton win be rapidly pushed By Septem-
Der 10, 1902, it is expected that the build
ing viii be completed. ready for occu-
pancy, and we win open for business on
that date. Macy & Co have secured prop
erty in the adjoining block"
Mr.. Saks returned yesterday from New
York after having closed the negotiations
for the acquisition of the property. The
announcement OF this important step on
the part of this Washington firm created
general interest in business circles this
morning As yet plans for the new en-
terPTise have not been formulated. ex-
cept in general way. 1t is the intention
Of Saks < Co, to make their New York
store one of the most complete in the
metropolis The property is in one of the
best business localities of New York city
Macy & Co, have secured the adjoining
property and viii erect a large building.
This step marks the establishment Of a
new uptown shopping district, to which
VIII be attracted the best elias of patron
age afforded by the city.
Arrangements will soon be completed
with the architects and designers and
plans for the new building viii be ready
before long. The preparations for the
erection of the structure, which will be
beautiful specimen of architecture, are
now being considered Many valuable
points gained in the time Saks &. Co. have
been enga gFd in business in this and 9TH
CT cities, viii be applied in the coRstruc-
ton Of the new building. which will be a
model of facility for business and com
fort for patrons and employees.
The fact Aba / Saks- & Co. have estat
iiShed themselves in New York is by no
means an indication that the Washing
ton house viii be abandoned Quite the
contrary IS the case The New York bus
mess VII be conducted under the direct
management Of IsadoTe Sals. his brother
nd their associates. The Washington en-
terpTise viii continue to occupy its high
position in the business world a the Ma
tlOnaI Capital The only effect the New
York store will have upon the Washing
ton house viii be 10 greatly broaden and
increase its scope The SakS stores viii
increase their commercial Importance
The Washington store is the parent cs-
Enlistment Of q number which have been
the OutgrOwth Of the business founded in
this city thtrty-siK years ago Under the
firm name Of SeAs ~ Co there are large
and dOuTishing mercantile esta bIishmeuts
conducted in indianapolis. Ind. and Nor
folk, Va. Tradition to the Sc there IS q
large buying Office and q u2anUfa curing
plant in Nv York city. The washing
ton store has been q success for many
years and is one OF the landmarks OF
commercial history OF the C&pifaI The
stores in other cities are fully as prom
incnI Ii thair rcelt..f IL. I.rlIttfns