Aldi To Open New Store In NYC's Times Square
Aldi has expanded its presence across the U.S. in recent years, with a focus on new store openings in the South. Now, the discount grocer is set to boost its presence in New York with a new location at the so-called Crossroads of the World.
The Batavia, Illinois-based grocer has signed a lease for a 25,000-square-foot store on 42nd Street, on the edge of Times Square. The store will be part of The Ellery, a new 32-story luxury residential building designed by Handel Architects. Aldi signed its lease with Taconic Partners and National Real Estate Advisors.
The store is scheduled to open in 2026.
“Opening our first store in the heart of Manhattan will be a significant milestone for Aldi as we continue to expand access to affordable, quality groceries in the most in-demand locations across the country,” said Chris Daniels, regional vice president with Aldi. “This location will allow us to provide New Yorkers with a simpler, quicker, and more enjoyable shopping experience with great products at the lowest prices, every day.”
In addition to the Aldi store, The Ellery’s retail offering includes 19,000 square feet of ground-floor space spanning 42nd Street to 43rd Street with multiple possible subdivisions.
“The Aldi flagship location at The Ellery marks a major milestone in the transformation of the Times Square area into a premier residential destination,” said George Tsapelas, senior vice president of Taconic Partners. “Aldi is an ideal neighborhood partner, offering the West Side a much-needed grocery store that will resonate with our residents and the community.”