From the Wall Street Journal:
Nordstrom Inc. is close to signing a lease for a Nordstrom Rack in Flushing, Queens. It would be the fashion giant's latest deal as it muscles its way into the New York retail scene.
Nordstrom Rack, the discount division of the Seattle-based company, is in late-stage negotiations to open a store at the Shops at SkyView Center, an 800,000-square-foot mall in Flushing, according to people familiar with the matter. The store would be the first in Queens for Nordstrom, which also has announced plans recently for two Nordstrom Racks in Brooklyn and its first full-line store in New York on West 57th Street.
Terms of the deal weren't available. But Brooklyn's two Nordstrom Racks are in the 33,000- to 41,000-square-foot range.
If the lease is signed, it would be the latest sign that Flushing is taking an upscale turn thanks to the growing buying power of the city's Chinese population. For decades, the neighborhood has been known for ethnic foods and small businesses.