Two Retailers Come to Former Party City Space at Mohawk Commons in Niskayuna – The Daily Gazette
NISKAYAUNA – A Five Below store and another retailer will occupy the former Party City space in Mohawk Commons.
Businesses are not required to notify the city of their closures, city planner Laura Robertson said. However, she said she believed Party City had shut down in the past two months.
The former Party City’s more than 12,000 square foot space would be split into a 10,330 square foot space for Five Below, said Rick Flather, who was listed as an agent for the landlord in the application to the city.
Another 2,140 square foot face would be created for another retailer, which is yet to be determined, according to planning documents.
The Five Below would open from 8 a.m. to 11 p.m. and have 15 employees per shift, according to planning documents.
Flather could not be reached for further comment. Five Below also could not be reached for comment.
Five Below was established in 2002 in Wayne, Pennsylvania by David Schlessinger and Tom Vellios and primarily sells items priced between $1 and $5, although it does offer some items above $5, according to its website. There are currently over 1,100 stores in 40 states and over 1,500 are expected to open. The average store size is around 9,000 square feet, according to the company’s website. Sales reached nearly $2 billion in 2020.
“I’ve heard a lot of excitement from my staff about Five Below and in general the city loves welcoming new retail businesses,” Robertson said in an email.
The other Five Below stores are located in the New Loudon Center in Latham, Colonie Center in Colonie, Crossgates Mall in Albany and Shoppes at Wilton in Saratoga Springs.
Planning board vice-chairman David D’Arpino said a resolution will be drafted for the next planning board meeting on June 13 to approve the changes.
Journalist Shenandoah Brière can be reached at [email protected]. Follow her on Twitter @SB_DailyGazette.
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