Pylones Ditches Spring Street Store Due to High Rents

Posted on: February 19th, 2014 at 5:29 am by

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Pylones calls it quits after nearly a decade

Pylones, that colorfully funky international gift shop chain, is now a man down. Its SoHo store at 69 Spring Street shuttered in mid-January after almost a decade at this location. Blame the landlord; apparently the reason for closure, as is always the case these days, was a rent hike. Ergo, an executive decision was made to cease operations at this address.

The France-based Pylones (Pea-Lone) first opened the 4,500 square-foot shop back in 2005, and with notable success right off the bat. Indeed, sales at 69 Spring in that first month outpaced the other city locations. But not even an international brand can keep pace with inflated rents. It’s survived by uptown outposts at Rockefeller Center and 842 Lexington.

Pylones was founded in France back in 1985, and would not cross the Atlantic (to the Upper East Side) until a decade later.

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Meanwhile, the building itself is designated a city Landmark as part of the SoHo-Cast Iron Historical District. There are DOB permits on file to make the entrance ADA compliant, a construction project that met with approval by LPC Chairman Tierney.

No word yet on the retail replacement. But we’re inclined to think another corporate chain will vie for the space.

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