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3 Times Sq

Michael Rudin & Samantha Rudin Earls Lease 4,107 SF Retail Space To Pandora In Times Square
LEASEDRetail

Michael Rudin & Samantha Rudin Earls Lease 4,107 SF Retail Space To Pandora In Times Square

3 Times Sq

Building Size

4,107 SF

Asset Type

Retail

Closing

Apr 8, 2026

AI

The property involved in this transaction is a retail asset located at 3 Times Square in Manhattan. The space covers an area of 4,107 square feet, serving as a high-visibility location for retail operations.

Summary of transaction details:

  • Property Type: Retail
  • Transaction Amount: Not specified
  • Address: 3 Times Sq
  • Market: Manhattan
  • Landlord: Michael Rudin & Samantha Rudin Earls - Rudin Management Company
  • Tenant: Berta de Pablos-Barbier - Pandora
  • Landlord's Representative: Darrell Rubens - Newmark
  • Tenant's Representative: Davie Berke - JLL

This deal is notable for marking Pandora's expansion of its retail presence in New York City with the opening of a new store in Times Square. The transaction highlights the ongoing interest from global brands in securing flagship locations with high visibility.

Players

Davie Berke

JLL

Broker

7 deals

Broker

Samantha Rudin Earls

Rudin Management Company

Broker

$949.9M

vol

12 deals

Broker
Michael Rudin

Michael Rudin

Rudin Management Company

Landlord

$2B

vol

22 deals

Landlord
Pandora
PandoraTenant

New York Retail Market Snapshot

Boundary boundary · Retail · Lease transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

5.80%

Cash-on-Cash

-1.66%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93