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Shopping Centers
Posted: October 18, 2016
Kaplan of NGKF Retail leases 3,300 s/f at 475 Park Avenue
Ross Kaplan, NGKF RetailNew York, NY Newmark Grubb Knight Frank (NGKF) Retail has leased 3,330 s/f at 475 Park Ave. to Forum Gallery. NGKF Retail executive managing director Ross Kaplan represented the owner, 475 Park Avenue Corp.
Located in the Plaza District at the corner of Park Ave. and 58th St., this retail location is neighbored by Bloomingdales, Four Seasons, Tao, Lavo, Loews Hotel and Saks Off 5th. With great visibility and at the base of a 122,000 s/f cooperative, the building has high ceilings and vast frontage exposure on Park Ave. perfect for fine art and gallery tenants.
“We are thrilled to have Forum Gallery as a tenant at 475 Park Ave.,” said Kaplan. “They fit in perfectly, as the building is in a luxury residential setting and a popular corridor for art galleries, high-end home furnishings and additional luxury décor. We look forward to leasing the remaining corner space of 475 Park Ave. to complete this class A retail area.”
The corner space of the property, two floors and a mezzanine totaling 7,040 s/f, is currently available for lease.
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Shopping Centers
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