Soho's about to get its very own dose of meatballs and Malm. Ikea has snapped up 529 Broadway-the six-story corner building at Spring Street currently decked out in Nike swooshes-for a cool $213 million, according to property records. The plan is to transform the first two floors into a 25,000-square-foot small-format store, the latest in the Swedish giant's ongoing quest to finally plant roots in Manhattan.
Move over, bodegas and overpriced "gourmet" markets-discount darling Aldi is planting its flag in the middle of Manhattan. The German grocer just signed a lease for a 25,000-square-foot flagship at The Ellery, a shiny new luxury tower on West 42nd Street between Eighth and Ninth Avenues. Doors are expected to swing open in 2026, making it Aldi's first-ever central Manhattan location (sorry, East Harlem, you no longer hold the bragging rights alone).