Barneys New York at American Dream, as the flagship is called, will be the luxury department-store operator's only such location in the state. The store will offer Barneys' assortment of women's, men's and children's apparel; beauty items; and home wares, all spanning two floors within American Dream's curated luxury shopping environment, called The Collections. This will also be a new location of the Freds at Barneys New York restaurant — on level two, with patio seating.

Triple Five Group is currently developing the roughly 3 million-square-foot American Dream, which is scheduled to open later this year. The project includes a Saks Fifth Avenue and an additional 450 retail, food and specialty shops. Nearly 20 acres of entertainment space will offer North America's largest fully enclosed DreamWorks water park and Nickelodeon Universe theme park; a 16-story Big SNOW indoor park; a KidZania; a live-performance venue; a 300-foot-high observation wheel; some luxury movie theaters and much more.