First Manhattan Costco in Forest City's East River Plaza

Manhattan bargain shoppers, rejoice! By year’s end, you will have your very own Costco.

On a Tuesday morning Forest City Enterprises investors call, president and CEO (and cousin of Bruce) Chuck Ratner revealed that Costco Wholesale will open its first Manhattan store in East River Plaza, the development firm’s 500,000-square-foot mall set to open later this year on the plot of land bounded by 116th and 119th streets and the F.D.R. Drive. Costco...

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