Watch World
In 1994, Parkview's Reisner and Weiderpass opened the first Watch World retail store on Bleecker Street in Manhattan's West Village. Within three years, operating solely from personal funds, they had opened an additional 8 stores in the New York City area. For each location, they negotiated favorable lease terms and performed the design and buildout of the space.
After establishing a base of operations in New York City, Reisner and Weiderpass sourced additional funding from DLJ Travelers for a nationwide expansion that began in 1997. In just three years, an additional 110 locations were opened around the country, showing Parkview's ability to negotiate and build over a wide geographic area.
In 2000, Reisner and Weiderpass sold Watch World to then-NASDAQ-listed Sunglass Hut for $20 million. The Watch World cashout provided capital for Parkview's plans to build a new residential tower - Parkview Tower - overlooking Central Park on the site of the old Carnegie Hotel.