German discount grocer Aldi is preparing to make its mark in the heart of Manhattan . The supermarket chain announced plans to open its first central Manhattan location in 2026 within The Ellery, a new 32 -story luxury residential tower near Times Square .
A Flagship in Midtown’s Transformation The store, slated for 312 West 42nd Street at the edge of Hell’s Kitchen and Times Square , will span 25,000 square feet . Aldi signed the lease in partnership with developer Taconic Partners and National Real Estate
Advisors. The move comes amid a wave of redevelopment in Midtown following the New York City Council’s adoption of Mayor Eric Adams’s Midtown South mixed-use rezoning plan . That initiative is expected to yield nearly 10,000 new apartments through office-to-residential conversions and ground-up construction.
“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,” Aldi Chris Daniels, Regional Vice President , said .
For developers, Aldi’s lease cements the company’s role in reshaping the Times Square neighborhood into a more residentially desirable destination.
Taconic Partners Senior Vice President George Tsapelas called the flagship “a major milestone in the transformation of the Times Square area into a premier residential destination.” He added that the chain is “an ideal neighborhood partner, offering the West Side a much-needed grocery store that will resonate with our residents and the community.” A Growing New York Presence Aldi currently operates one store in Manhattan , located in East Harlem , in addition to multiple…
