The Soho location of McNally has been around since 2004, but recently they faced shutting down after their landlord requested an increase in rent. Fortunately, the owners have stood their ground, and it looks like they’re going to be able to stay. There hasn’t been any word on whether or not the increase in rent is still a relevant issue, but McNally Jackson certainly isn’t facing financial woes after just recently opening a new location.
- The Soho location of McNally Jackson was opened back in 2004 on Prince Street, which is a heavy traffic area.
- We are not sure if the landlord has agreed to abstain from keeping the rent at a higher rate.
- McNally Jackson has opened a new location recently, so they are clearly doing fine financially.
“But it does appear McNally Jackson is doing okay; the store opened a new location last month at LaGuardia Airport and expanded last January to Williamsburg.”