Volume 73, Number 25 | October 22 - 28, 2003



Faux rumor about Pierres buildings

Rumors that Gucci is about to buy the two adjacent buildings that contain the Les Pierres Antiques store at the corner of Bleecker and Charles Sts. are false, according to a broker for the property.

“I can tell you we’ve got a lot of interested parties, but, as far as I know, none of them are Gucci,” said Mary Vetri, the broker, with the William B. May company. The property has been for sale for over three years, but after a For Sale sign was put up a few weeks ago, interest increased, Vetri said. The property is being marketed for $5.8 million, she said.

Apparently fueling the rumor is the fact that Ralph Lauren opened a store nearby and Marc Jacobs, fashion boutique is a block away.

The top part of the buildings is currently being leased for short-term rentals of up to three months, with apartments furnished with Les Pierrres’ antiques. From 1968 until a few years ago, the buildings were owned by Pierre LeVec and Pierre Moulin, who lived upstairs and ran Les Deux Pierres Antiques.

LeVec and Moulin passed away within a few years of each other, leaving the shop to two employees and the upstairs to the two employees, plus a third employee and a niece. Part of the estate, the store’s lease runs for another 10 or 11 years.


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