Empire Outlets Cheers AG Settlement Deal With Simon Property Group

A rendering of the Empire Outlets development on Staten Island.

NEW YORK CITY—This week’s settlement between Simon Property Group and the New York State Attorney General Eric Schneiderman over geographic lease restrictions at its Woodbury Common Premium Outlets in Orange County may bring additional business to the Empire Outlets development on Staten Island that is slated to open next spring.

Don Capoccia, principal of BFC Partners and the developer of the 340,000-square-foot Empire Outlets, said in response to the settlement deal, “This is a huge win New York City residents who have for years demanded easier access to affordable shopping. We look forward to opening the city’s first outlet center on Staten Island’s revitalized North Shore, with a unique mix of shopping and dining that will provide an incredible destination for millions of residents and tourists. Our team applauds Attorney General Schneiderman for his commitment to supporting fair competition and giving more New Yorkers access to affordable retail options.”