January 28, 2013 - New York City
Faith Hope Consolo, chairman, and Joseph Aquino, executive vice president of Douglas Elliman's Retail Group have arranged a four-month pop-up store for Canadian yoga and work-out apparel chain lululemon athletica at 1142 Third Ave., between 66th and 67th Sts.
Consolo and Aquino exclusively represent the landlord, WM Westminster LLC in the 2,750 s/f deal. The tenant was represented by Robert K. Futterman & Associates (RKF).
The former site of a Uniqlo pop-up shop, the space is on a storied block-front shared by Thierry Rabotin, Bare Escentuals, CachÃ©, Canyon Beachwear and Arden B; all transactions orchestrated by Ms. Consolo and Mr. Aquino. Among some of the other fashionable stores in the area are Lucky Brand Jeans, True Religion, Molton Brown and Cream.
"The lululemon athletica flagship across the street is currently undergoing a major renovation, so this temporary home ensures its continued presence on the Avenue," said Consolo. "We are delighted that the timing and circumstances worked out so well."
Aquino said, "Exercising and staying in good shape are inherent to the character of the Upper East Side lifestyle. This brand resonates with people here and I'm sure the residents are relieved not to have any disruptions from some of their favorite shopping."