–Activity Reinforces Strength of Madison Avenue Retail Market–
NEW YORK, NY – January 28, 2013 – (RealEstateRama) — RKF has completed the leasing assignment at the base of The Mark Hotel at 992-998 Madison Avenue on behalf of ownership Alexico Group. All of the hotel’s ground floor retail space, which is located on Madison Avenue and 77th Street, is now leased.
RKF was responsible for leases with Zadig et Voltaire, Jack Vartanian, Punto Ottico, Phoenix Roze and, more recently, 25 Park. These tenants joined Frederic Fekkai Salon, The Mark Restaurant by Jean-Georges, John Lobb and Sant Ambroeus at this high-profile property.
“We will continue to see strong demand here as retailers recognize that the affluent Upper East Side demographic wants more fashion retail options in their backyard,” said RKF Managing Director Beth Rosen, who with Sal Ferrigno was a member of the leasing team that represented the landlord. “This certainly explains why international designers and brands are opening stores on Madison Avenue in the Seventies either in addition to (or instead of) opening them in major NYC shopping districts such as SoHo and the Meatpacking District.”
“We are extremely pleased to host such high-profile retailers like Zadig et Voltaire, Frederic Fekkai, John Lobb and Jack Vartanian, as well as the Michelin Star restaurateur Jean-Georges at The Mark,” said Niso Bahar of Alexico Group.
Housed within a 1927-era landmark building on Manhattan’s Upper East Side, The Mark Hotel has recently been completely reimagined. In addition to its ultra-chic hotel suites, the building also houses beautifully appointed residential units designed by Jacques Grange.
The country’s leading independent real estate firm specializing in retail leasing, investment sales and consulting services, RKF serves a broad spectrum of domestic and global clients in services ranging from national tenant and owner representation to advisory, consulting and disposition. With approximately $20 billion in aggregate real estate transactions to its credit, RKF has been responsible for identifying scores of real estate opportunities throughout the United States for leading American and international chains, retailers, developers and institutional clients. RKF is headquartered in New York with offices in Chicago, Las Vegas, Los Angeles, Miami, Northern New Jersey and San Francisco.
No related posts.
- At Gillibrand & Schumer’s Urging, Feds Lift Restrictions for Hundreds of Sandy Homeowners Currently Disqualified for Disaster Aid
- SCHUMER TO FEDS: WHEN IT COMES TO SANDY RECOVERY, DON’T FORGET ABOUT THE NORTH SHORE – CRITICAL SANDY REBUILDING PROJECTS HAVE NOT BEEN FUNDED BY FEDS IN TOWN OF NORTH HEMPSTEAD
- Governor Cuomo Announces $95 Million to Build Affordable Housing Across the State
- Mangano: IDA Helps Bring Much Needed Rental Housing Options To Nassau County
- Governor Cuomo Highlights New York State Budget in Monroe County
- A.G. Schneiderman Secures Agreement With Major Commercial Real Estate Company To Ensure Equal Access To Its Shopping Center Parking Lots
- NYCOM Conference, Ribbon Cuttings and Equity Fund Forum Highlight Trip to Finger Lakes Region
- CKX Declares December 31st Record Date for Dividend of FX Real Estate and Entertainment Shares
- Jones Lang LaSalle Hires Seasoned Industrial Real Estate Professionals to Strengthen Client Services in Long Island
- First Affordable Housing Development in Brooklyn with Solar Panels
- “Green” Forum Highlights 545 Madison Avenue as Showcase of Sustainability
- New York State Senate Confirms Bill Myers to the Board of the State of New York Mortgage Agency
- New York State home sales continue to post gains compared to 2009
- Gillibrand Introduces Solar Energy Legislation
- HDC Board Approves $55.5 Million in Tax-Exempt Multi-family Housing Revenue Bonds
- Diversity Works’ Unique Model Combines Permanent Supportive Housing and Family Preservation Services