News: Brokerage

Consolo and Aquino of Douglas Elliman chosen to market 895 Madison Avenue

Faith Hope Consolo, chairman, and Joseph Aquino, executive vice president of Douglas Elliman's Retail Group have been awarded the exclusive agency for 895 Madison Ave., located on the northeast corner at 72nd St. The space features 728 s/f at ground level, with a generous 1,221 s/f basement and more than 40 feet of frontage that contains three full-size windows with decorative awnings. Directly facing the two stunning mansions that house Ralph Lauren's Women's & Home Flagship and the Ralph Lauren Men's Flagship, it is located on a street catering to the city's most sophisticated consumers. The internationally renowned leasing and sales team, long regarded for their impactful positioning of distinctive brands along the Jewel Mile, was responsible for arranging the leases for the other tenants in the building, as well, including perfumery Bond No. 9, Selima Optique and Roundabout vintage clothier. "Madison Ave. is our backyard," said Consolo. "We understand its importance as both an international shopping destination and a center for New York's luxury shoppers, which is why we have brought so many premier names here over the years." Some of the other tenants whom they have assisted in the area include Calypso from St. Barths, Mallet from London, Perrin from Paris, Buccellati from Milan, and American designer Vera Wang. Aquino said, "This is an avenue beloved for its unique blend of traditional retailers and nouveau innovators. We respect and rely on the existing retail standards but also feel that introducing new businesses with fresh perspectives enriches the shopping experience." Among the neighboring businesses are Milly, Nanette Lapore, Carolina Herrera, Céline, Emilio Pucci, Asprey London, Missoni, Bottega Veneta, and Tom Ford.
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