A Barneys to grow in Brooklyn

Trendy upscale department store Barneys New York is planning to open its first-ever location in Brooklyn, according to sources close to the situation. The retailer is canvassing the market in the hope of opening a Barneys Co-Op in Cobble Hill, despite the still treacherous retail climate and the precarious condition of its Dubai-based owner, Istithmar World.

“We're cautiously optimistic compared with last year,” says Michael Celestino, executive vice president of store operations at Barneys.. . . more