Breitling Opening Two-Story Meatpacking District Store
By Mark Hallum March 11, 2022 3:44 pm
reprints
The future of Meatpacking is looking Breit(ling).
Swiss luxury watchmaker Breitling plans to open a 3,807-square-foot Meatpacking District store, signing a lease for two floors at 875 Washington Street, landlord broker Retail by MONA announced.
Asking rent was $550 per square foot for the 10-year lease.
Landlords RFR Realty and Raycliff Capital were represented by a Retail by MONA’s Brandon Singer, Michael Cody and Sara Armet. Jonathan Moss of M&M Retail Luxury Consulting brokered the deal for Breitling.
“We are confident this location will strongly perform and complement 875 Washington’s high-quality retail mix,” Singer said in a statement.
Other tenants in the building include Vans and Paige while Diane von Furstenberg’s flagship store and corporate headquarters is directly across the street. The spot was previously leased by pop-up Afterpay.
“I think this deal is important because it brings another great luxury brand to this historic portion of Manhattan and shows Breitling’s commitment to New York and to its recovery following COVID,” Moss said in a statement.
Recently the building got a vacancy as Los Angeles-based venture capital firm Fifth Wall Ventures relocated from coworking space at SoHo Works in the building in January after taking 7,434 square feet on the entire fourth floor of 2 Ninth Avenue, as Commercial Observer reported.
In February, Breitling opened an outpost in Miami’s Design District, signing a 10-year lease for 1,832 square feet at the mixed-use Design 41 building, the company’s third location in South Florida.
Mark Hallum can be reached at mhallum@commercialobserver.com.
