Prices here on designer goods are 40% to 70% off what you would pay at a department store or designer boutique. Don't think that $250 Armani blazer is a bargain? Look again at the tag -- the retail price is upward of $800. This is the place to find $5 Liz Claiborne tees, $20 Todd Oldham pants, or the $50 Bally loafers you've been dreaming of -- not to mention underwear, hosiery, and ties so cheap that they're almost free. Kids' clothes, linens, and housewares are also part of the extensive stock. Expect big crowds and avoid the weekday lunch hour and Saturday if you can help it.

Copyright: Excerpted from Frommer's New York City 2008, (c) 2008, Wiley Publishing, Inc.

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