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Parachute Home, Pandora Sign Retail Leases with Bromley Companies
Bromley Companies has secured two new signed leases at 122 Fifth Ave., an 11-story, mixed-use redevelopment project. The Flatiron/Union Square property will now be home to Parachute Home and Pandora, along with athleisure retailer Allbirds, which opened its flagship at 122 Fifth in February.
Parachute Home signed a 10-year lease for 3,431 square feet at 122 Fifth’s ground-floor level with an expected opening date of Spring 2023. This will be the retailer’s third and largest flagship location in New York City. Newmark Retail’s Pierce Thompson and Jeremy Ezra represented Parachute Home.
Next door, Danish jeweler Pandora leased 2,500 square feet for 10 years and is expected to open before Thanksgiving of 2022. Pandora was represented by JLL’s Robert Gibson, Davie Berke and Alexandra Sanoulis.
Alan Schmerzler, Sean Moran and Pat O’Rourke of Cushman & Wakefield represented Bromley Companies in both transactions.
- ◦Lease

