Zale Puts 12 Leases on New York Stores up for Sale

Zale Corp is looking to sell the leases on as many as 12 of its New York City jewelry stores, according to a local news report.

According to the report, the leases include Zales stores in prime locations such as Manhattan’s Herald Square and along Fifth Avenue, as well as two stores apiece in the Bronx, Brooklyn and Queens, according to a listing on the website of New York-based advisory firm RCS Real Estate Advisors.

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