Real Estate Weekly
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Retail

Watch store to open at 432 Park Ave.

Pryor Cashman LLP announced that Partner Ronald B. Kremnitzer, Co-Chair of the firm’s Real Estate Group, along with Partner Benjamin J. Teig, represented luxury watchmaker Richard Mille USA in signing a new lease for its first location in New York.

The lease – which was signed on December 15, 2016 – is for a store located at 46 East 57th Street in Manhattan, on the ground floor and mezzanine of the building known as 432 Park Avenue, comprising over 4,900 square feet.

With the addition of this latest outpost, Richard Mille USA now operates 6 locations nationwide, including shops in Bal Harbour, Miami and Las Vegas, for which Pryor Cashman handled the leasing.
Richard Mille USA was represented by broker Dan Harroch of Thor Retail Advisors.

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