By  on April 21, 2014

NEW YORK — Australian shopping mall developer Westfield has been building a 440,000-square-foot retail downtown mecca with soaring ceilings and a $1.4 billion price tag at full build out. The only thing that’s been missing has been retail tenants.

While neighbor Brookfield Place, which has a luxury focus, has announced a parade of tenants — including Michael Kors, Burberry, Ferragamo, Diane von Furstenberg and Calypso — during the course of its construction, Westfield has remained mum. Now, after months of speculation, it appears that Giorgio Armani, Tom Ford and Tiffany & Co. are in late-stage negotiations with Westfield, which declined comment. Ford reportedly has secured a street-level location fronting Church Street in lower Manhattan.

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