Neiman Marcus parent sells its Beverly Hills site

A pedestrian walks past the flagship store of luxury retailer Neiman Marcus at Beverly Hills on Dec. 30, 2025. The property was recently sold to New York private real estate investment firm Ashkenazy Acquisition Corp. (Ronaldo Bolanos / Los Angeles Times) The land below the Beverly Hills flagship store of luxury retailer Neiman Marcus has been sold to a New York investor as the owners of the department store chain sell property to pay debts. Neiman Marcus, which has occupied the 9700 Wilshire Boulevard s ...