239 Greenwich Avenue becomes home to Betteridge’s Jeweler

Greenwich, Connecticut - Family-owned and operated jeweler Betteridge’s is relocating to a new flagship position at 239 Greenwich Avenue -- a corner location that is now at the hub of activity and is considered one the crown jewels of Greenwich, Connecticut’s shopping destination.



Newmark Grubb Knight Frank Retail's Jessica Curtis and James Ritman assisted both Terry Betteridge and building owners Aberdeen Properties and Acadia Realty Trust in the lease transaction. The partnership purchased the over 100-year-old landmark property in 1997, and Aberdeen Properties undertook a two-year gut renovation of the historic mixed-use property, transforming it into one of Greenwich’s most iconic retail addresses.



"This has become the most beautiful part of Greenwich Avenue and home to some of the most upscale brands in the world," said Betteridge, noting such neighbors as Ralph Lauren and Hermès. "The building retains that historic feel that encompasses not only the longevity of our business, but also the heritage of the town itself."



Once occupied by Restoration Hardware before it moved down the street to a larger space, 239 Greenwich Avenue offers 12-foot ceilings and large windows facing Greenwich Avenue and Elm Street. The two-level space spans more than 12,000 sq. ft., almost three times larger than Betteridge's current location at 117 Greenwich Avenue.



Founded in 1897 in New York by Betteridge's grandfather and great-grandfather, the business was dubbed in 2009 by Vanity Fair as "Wall Street's jeweler." The business has expanded by opening stores in Palm Beach, Florida, and Aspen and Vail, Colorado.



Betteridge plans to open at 239 Greenwich Avenue in April 2015.