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Prada SpA has agreed to buy the building housing its flagship store on New York’s Fifth Avenue — one of the world’s top shopping streets — for $425 million, as demand from American consumers holds up against inflation and high borrowing costs.
Prada Buys Fifth Avenue Retail Home for $425M
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NEW YORK, 1 East 57th St (Louis Vuitton), FT
NEW YORK, 1 East 57th St (Louis Vuitton), FT
Prada Buys 724 Fifth Avenue for $425M From Jeff Sutton
Prada buys New York Fifth Avenue store building for $425 million
BusinessMirror March 26, 2024 by BusinessMirror - Issuu
The 2012 Real Estate Power 100 – Commercial Observer