Luxury retailers in NYC are buying prime real estate, signaling a trend toward owning rather than leasing property.

Prada is currently the whole floor above Lure and half the floor around it, the New York Post reported. Palm Beach billionaire and art collector Peter Brant has been McDonald’s landlord ...

If Prada does take over the space, it would become just the latest fashion company to open a restaurant in New York. Armani/Ristorante just debuted in the city, while Louis Vuitton opened its ...

and Prada spokesman Nikolas Pankau. Lure Fishbar has been one of the city’s most popular seafood eateries since it opened in the heart of Soho in 2004. Time Out NY recently named it the No. 1 ...

Now it’s more of a fender bender. Still, the clumsy couture of “Prada,” which has wholly misguided Broadway aspirations, should steer clear of New York. Keep your distance, Tiny Dancer.

Getty Images for Guggenheim New York None of the players involved responded to requests for clarification and comment, including the Peter Brant Foundation; Prada USA retail director Carlo Croso ...

and Prada spokesman Nikolas Pankau. Lure Fishbar has been one of the city’s most popular seafood eateries since it opened in the heart of Soho in 2004. Time Out NY recently named it the No. 1 ...