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Prada Store Changes Hands

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The Prada flagship on Madison Avenue now shares a landlord with Barneys. Ashkenazy Acquisition paid $51 million for the space, snapping up major Prada locations in LA and Chicago at the same time. Don't panic, though: While Prada's rent checks will start going to a new location, it looks like the store itself is going to stay put. [The Real Deal]

Prada - Soho

575 Broadway, New York, NY 10012 212-334-8888 Visit Website