Manhattan, NY RKF has arranged a 2,914 s/f lease with Cellini, an independent watch and jewelry retailer, at Midwood Investment and Development’s 430 Park Ave. in Midtown.
RKF senior director Ike Bibi represented Cellini, while RKF executive vice president Beth Rosen and associate Benjamin Zack represented the landlord, Midwood Investment and Development.
The 2,914 s/f corner space, formerly the home of Mercedes-Benz Manhattan, features 107 ft. of wraparound frontage as well as an all-glass storefront. Cellini will be relocating from its location at the Waldorf Astoria New York that it has been in for 40 years.
430 Park Ave. is a 19-story office building situated on the southwest corner of East 56th St., surrounded by the corporate headquarters of some of the world’s leading companies, art galleries and auction houses, as well as hotels, including the Four Seasons Hotel. The building is also in close proximity to Bloomingdale’s, Apple, Bergdorf Goodman and other iconic shopping destinations, as well as across the street from Macklowe Properties’ recently completed 432 Park Ave., currently ranked as one of the tallest residential condominium buildings in the world. Other neighboring retailers include Casa Lever Gardens, D. Porthault, E. Braun & Co, Ferrari, Phillips de Pury & Company, and Stefano Ricci.
“The prestigious corridor of Midtown brings together office workers, tourists, daytime shoppers and affluent residents,” said Rosen.
“430 Park is the perfect fit for Cellini, whose clientele includes connoisseurs of the world’s best watches and finest jewelry,” said Bibi. “A high-profile corner location in this busy market will allow Cellini to bring these discerning customers what they love.”