Soho gets a real gem: Yurman to add Prince Street store

David Yurman will soon cut a new facet downtown.

The renowned jewelry designer has just leased his first Soho store.

The new 4,200-square-foot space at 112 Prince St. had an asking rent of $1,200 per square foot based on the 2,750-square-foot ground floor. The shop also has a lower level of 1,450 square feet.

Keith Fencl of the McDevitt Company represented the jeweler.

The building owners, Bobby Cayres Aurora Capital Associates and the Adjmi family, were represented by Jared Epstein, Auroras veep.

The group bought the retail co-op earlier this year for $41.7 million a record $15,175 per square foot and landed the tenant in just four months.

The current tenant, fashion designer Karen Millen, will move out at the end of May.

The jewelry company is led by sculptor David Yurman, his painter wife, Sybil, and their son, Evan. The couple launched the company in 1980.

We just learned Harry Macklowe has signed a $100 million contract to buy the 89,480-square-foot site at 985-89 Third Ave. on the corner of East 59th Street.

This comes to $1,118 per square foot for the retail/condo development site.

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Soho gets a real gem: Yurman to add Prince Street store