Neiman Marcus Saga

City of Dallas obtains mystery land deed for downtown Neiman Marcus

Fancy Christmas tree from holiday season past inside Neiman Marcus

Neiman Marcus

There's a new chapter in the ongoing breakup saga between the city of Dallas and Neiman Marcus, the luxury retailer which is closing its longtime location in downtown Dallas at the end of March.

When Neiman Marcus parent company Saks Global announced its decision to close the store, they attributed it to a dispute with one of the landlords, regarding a small parcel of land on which the store resides.

According to a release, the city of Dallas now has the deed for that property in its possession, which it is willing to donate to Neiman Marcus, and is hoping this will persuade Neiman Marcus to stay, please please stay.

The release says that members of the Dallas Consortium for the Downtown Neiman Marcus — a group that includes downtown developer Shawn Todd of Todd Interests, Dallas City Manager Kimberly Bizor Tolbert, and members of Downtown Dallas, Inc., the advocacy group for downtown — plan to meet with Saks Global executives to discuss the future of the store.

Tolbert says the City is now in possession of the deed for the Slaughter property that was at the root of Saks Global’s decision to close the store.

“I want to thank the Dallas Consortium for the Downtown Neiman Marcus for their continued efforts to ensure ongoing operations of the Downtown flagship store," Tolbert says. "The City of Dallas now officially holds the special warranty deed for the parcel that Saks Global Properties said was needed to keep Neiman Marcus’ Downtown store open."

Downtown Neiman Marcus Neiman Marcus has already removed the signage from its downtown Dallas location.Photo courtesy of C. Troy Mathis

“I also want to thank the Slaughter family for their donation, and their desire to preserve the prosperity that this iconic brand contributes to Downtown’s vibrancy," Tolbert says in the release. "With the deed documents now in hand, I am looking forward to hosting Saks Global Properties and Investments CEO Ian Putman and his team on Wednesday morning at City Hall."

Dallas and Saks Global have been engaged in a back-and-forth over the future of the store.

On February 18, Saks Global announced its intent to close the store.
On February 25, downtown leaders rallied to try and prevent Neiman Marcus from closing.
On February 26, the owner of the piece of land which Saks Global said had been a problem committed to donate the land.
On February 27, Saks Global said it would be closing the store regardless. In fact, they've already removed signage from the building.

Since the dispute began, statements from the city have generally been met by responses from Saks Global, with the back-and-forth playing out in the public sphere on websites like CultureMap Dallas. Which is to say that there may well be something forthcoming from Saks Global soon.

UPDATE 3-4-2025: Saks responded with a statement saying that "the Dallas Consortium’s ongoing tactic of using the press to pressure us into changing our strategy in Dallas is highly unproductive. Even after our corrections to their previous false statements, they continue to go to the press, making inaccurate claims. Our decision to close the Neiman Marcus Downtown Dallas store is final and we are moving forward as such."

The statement calls it a "far more complicated situation than what the public is being led to believe and has been going on for more than a decade. While we had been willing to hear the Consortium’s perspective, a meeting was not confirmed. We have made several attempts to be connected directly to the City Manager, as an official representative of the City of Dallas, and we were denied."

"We are committed to growth, and are focused on Neiman Marcus’ future in Dallas. That future is at the NorthPark store, where we are planning a $100 million renovation."

downtown

hottest zips

Surprising Dallas neighbor ranks among hottest ZIP codes in U.S.

City of Lavon/Facebook

Movers are loving Lavon for its small-town feel and proximity to the big city.

A recent analysis of American relocation trends has revealed the small city of Lavon outside Dallas was one of the top five hottest ZIP code for movers nationwide in October 2025.

Lavon's 75166 ZIP code ranked No. 5 on MovingPlace's new list ranking the U.S. cities with the highest number of new movers per 1,000 current residents during the month of October.

According to the study's data, 961,650 moves took place across the nation last month. Lavon (population: 13,800) saw 10.8 moves per 1,000 residents in October, the fifth highest moving rate out of all U.S. cities.

Lavon is located 32 miles northeast of Dallas in Collin County. It was praised as a highly sought-after locale for movers who want to live somewhere affordable outside Dallas while still reaping the benefits from a community with a small-town feel.

The report also added that Lavon's 75166 ZIP was the No. 1 hottest ZIP code in September, but relocations dipped 7.7 percent from September to October.

"When looking at the top ZIP codes in each state, it’s clear that less populated ZIP codes often show dramatic month-over-month increases, sometimes exceeding 100 percent," the report said. "Larger cities, by contrast, maintain consistently high move volumes without extreme spikes, because their larger populations dampen the impact of individual moves."

These are the top 10 hottest U.S. ZIP codes based on moves per capita in October:

No. 1 – 78616 in Dale, Texas
No. 2 – 34987 in Port Saint Lucie, Florida
No. 3 – 37228 in Nashville, Tennessee
No. 4 – 80019 in Aurora, Colorado
No. 5 – 75166 in Lavon, Texas
No. 6 – 32461 in Inlet Beach, Florida
No. 7 – 10004 in New York, New York
No. 8 – 43137 in Lockbourne, Ohio
No. 9 – 30346 in Atlanta, Georgia
No. 10 – 78656 in Maxwell, Texas

The hottest U.S. ZIP codes by total move volume
Five Texas ZIPs ranked among MovingPlace's separate analysis of the top 10 hottest U.S. ZIP codes based on total move volume.

McKinney's ever-popular 75071 ZIP code ranked No. 5 on the list after gaining 298 new residents last month, only 72 residents shy from No. 1-ranking Washington, D.C.'s new resident count.

This North Dallas suburb also previously ranked as the No. 8 most popular ZIP for movers during the first five months of 2025.

The report said McKinney's most attractive qualities are its safety, its high-performing schools, and its proximity to outdoor recreational activities. it also helps that the suburb consistently ranks as the No. 1 hottest housing market in America, and it frequently tops lists comparing the best cities for renters or the most affordable cities in the U.S.

The top 10 hottest American ZIP codes in October based on total move volume were:

No. 1 – 20002 in Washington, D.C.
No. 2 – 78130 in New Braunfels, Texas
No. 3 – 78641 in Leander, Texas
No. 4 – 77433 in Cypress, Texas
No. 5 – 75071 in McKinney, Texas
No. 6 –32256 in Jacksonville, Florida
No. 7 –77493 in Katy, Texas
No. 8 – 85142 in Queen Creek, Arizona
No. 9 – 98052 in Redmond, Washington
No. 10 – 28269 in Charlotte, North Carolina

suburb real estate housing market moving mckinney dallas