Harry Winston Sells Flagship Store to Paramount For $62 M.
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July 1, 2008 | 4:44 p.m
Ronald Winston, son of the founder of the eponymous Harry Winston jewelers, has sold the firm's flagship building at 718 Fifth Avenue for $62 million, according to city records.
Paramount Group, which made the purchase, is apparently on a shopping spree that would make even Harry proud. Albert Behler's Paramount is apparently snapping up 1301 Avenue of the Americas, the Credit Lyonnais Building, for a staggering $1.5 billion.
Neither Paramount Group's spokeswoman nor the spokesperson for Harry Winston could be reached for comment.
- More:
- Real Estate |
- Harry Winston |
- Investment Sales |
- Paramount Group |
- Ronald Winston |
- The Real Estate
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