$500K Heist on Jewlers Row: Cops

Store managers say the valuation of watches stolen Monday morning is a lot less

An estimated half-million dollars worth of watches was stolen from a store on Jewlers Row, police said. The store's managers, howerver, say it's a lot less.

The robbery was reported at 5:39 a.m. Monday after an alarm was activated at New York Jewelers, at 11 N. Wabash Ave.

Two managers told NBC Chicago fewer than 20 watches were stolen and none of them were high-end. They said that break-ins happen frequently on Jewelers Row.

On the store's first floor, all of the watches had been locked up out of view. On the second floor, the glass cases were broken open, and the watches on display were gone, police said.

Police are unsure of how many people were involved, but they say whoever entered the shop was small enough to squeeze through a small window.

The facility is equipped with cameras, and the surveillance footage is being reviewed, according to police.

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