Breitling signs 3,807 s/f lease with Retail by Mona
New York, NY Retail by MONA agreed to terms with Swiss luxury watch maker, Breitling, for a long-term, 3,807 s/f retail lease at 875 Washington St.
The new Breitling Boutiques outpost, on the corner unit at 14th St. and Washington St., includes 1,738 s/f of ground floor space and 2,069 s/f of lower-level space. The store is at the base of the 875 Washington St. building, where Soho Works occupies the upper floors.
Landlords RFR Realty and Raycliff Capital were represented by a Retail by MONA team led by CEO Brandon Singer along with Michael Cody, and Sara Armet. Breitling was represented by Jonathan Moss of M&M Retail Luxury Consulting, Inc.
Asking rent was $550 per s/f. The space Breitling will fill was previously leased by Afterpay as part of an Innovative New York Fashion Week pop-up experience.
"Breitling is an iconic global brand making exclusive luxury watches – we are thrilled to bring them to this extraordinary Manhattan neighborhood," said Singer. "We are confident this location will strongly perform and complement 875 Washington's high quality retail mix."
Launched in September 2020 as the retail sector absorbed the impact of a global pandemic, the Retail by MONA team signed over $300 million of aggregate retail transactions in New York and Miami.