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Falconeri signs lease at 101 Prince Street

Cashmere brand Falconeri moves to SoHo

(Credit: Falconeri)

Italian brand Falconeri has signed a seven-year lease at 101 Prince Street for $600 per foot, according to CO. The Soho space is located between Green and Mercer Streets.

Worth Noting: The retail space spans around 1,850 square feet on the ground level, plus 1,000 SF of non-selling space in the basement.

Heard on the Street: JLL’s Michael Hirschfeld: “The deal is a good indication of market right now… It’s certainly a significant drop-off in the market in terms of rents from their peak.”

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