Robert Futterman of Robert K. Futterman & Associates, whobrokered the deals, tells that the new locationsreflect an ongoing shift in the tone of the surroundingneighborhoods. "Eighty Sixth and Third is probably one of thetightest retail markets in the city," he says. "It's a majorthoroughfare seven days and nights a week in terms of trade hours.And they're different markets, completely different customers."What's more, the East Side of Manhattan, "up to 79th Street isbecoming more fashion oriented. It's not just Madison Avenueanymore."


The Gap currently operates 17 Banana Republics here, 335nationwide. Worldwide it has more than 2,900 outlets including itsGap, GapKids, babyGap, Old Navy and Banana Republic stores.

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