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Police: $150,000 Worth Of Handbags Stolen From Madison Avenue Chanel Store

NEW YORK (CBSNewYork) -- Thieves with expensive taste took off with more than $150,000 worth of handbags in a high-end heist on the Upper East Side.

Police are looking for four suspects who they said ran into the Chanel boutique on Madison Avenue and East 64th Street around 1:15 p.m. Tuesday.

The suspects ran off with 11 handbags, one of which was worth $45,000. The alligator bag was one of the most expensive in the store, CBS2's Sonia Rincon reported.

Customers and workers on the block said with all the surveillance cameras in the area it's clear the suspects were desperate.

"I think people are pretty brave right now in what they want to do," Chanel customer Nina Fischer said.

"They don't care for nothing because they probably didn't see the camera underneath there. If they would have seen the camera I bet they would've never went," Ray Kacaj, the superintendent of a nearby building, said.

Police are investigating this as a case of grand larceny because the suspects didn't use a weapon or break anything before grabbing the goods, Rincon reported.

Police said the suspects shoved the security guard before running, but nobody was hurt in the heist.

Chanel has not yet commented.

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