Tourneau relocates to Macklowe's 510 Madison

Tourneau, LLC, plans to relocate to 510 Madison Ave., the 30-story glass office building being developed by Macklowe Properties. The store is scheduled to open in early 2009. Robert Futterman, CEO of Robert K. Futterman & Assoc., with Marshall Felenstein of Felenstein Was & Assoc., Inc. represented Tourneau in the long-term lease. Macklowe's Jason Grebin and Andrew Lazarus represented the landlord. Established in 1900, Tourneau is the preeminent source for new and pre-owned watches in the United States. It distributes and retails over 100 well-known brands, including Rolex, Patek Philippe, Cartier, Omega, Breitling, Tag Heuer as well as its own Tourneau brand, in more than 8,000 unique styles. A respected watch and jewelry retailer, Tourneau is recognized in the Guinness World Records as the largest watch store in the world. In each of its thirty plus stores within its shopping center, Tourneau is typically among the top specialty store performers in sales per square foot, a distinction that applies not only to the watch and jewelry categories, but encompasses all retail categories as a whole.