June 16, 2008 -
Shopping Centers
The team of Faith Hope Consolo, chairman, and Joseph Aquino, exec. VP, of Prudential Douglas Elliman's Retail Leasing and Sales Division, has been named exclusive leasing agent for retail space at 820 Madison Ave.
Situated between 68th and 69th Sts., the property features a 1,000 s/f store, with a full basement, and 25 ft. of street frontage. The address is home to luxury clothier Oilily.
"Madison Ave. is truly a golden opportunity for any retailer looking to be positioned among the most exclusive designers,'" said Consolo. "This is the home of some of the most affluent, well-heeled families in New York, as well as a destination frequently visited by those who are accustomed to only the finest shopping experience."
"There are very few, if any, stores in this size range on Madison Ave.," said Aquino. "We do not expect this store to stay on the market long."
"This property is surrounded by the retail world's elite, including, Cartier, De Grisogono, Gucci, Dolce & Gabbana, Gianfranco Ferre, Juicy Couture and Loro Piana," said Aquino. "Donna Karan, Prada, Ralph Lauren, Calypso, Alessandro Dell'Acqua, Miu Miu, and the much-talked about Tom Ford boutique are also just steps away, which is why 820 Madison Avenue would be the perfect location for a wide array of high-profile retailers."
Prudential Douglas Elliman's retail group specializes in providing comprehensive retail sales and leasing counsel to an array of tenants and landlords, both nationally and internationally. With expertise in markets across the country, the group continually locates ideal retail spaces from coast to coast. The retail team identifies and secures the best locations for prominent international retailer's U.S. operations, as well as represents some of the country's top landlords in finding high profile retailers for their spaces. The group's experienced team of professionals also provides strategic planning and consulting services. Within New York, the company's presence spans the boroughs, with satellite offices continuing to open in new neighborhoods.
Prudential Douglas Elliman is a preeminent residential broker of sales, rental and retail properties with over 70 offices, more than 4,000 real estate agents and a network of national and international affiliates. Ranked in the national top 5 real estate brokerages and #2 in the Prudential Real Estate Affiliates Network, Prudential Douglas Elliman Real Estate is an independently owned and operated member of The Prudential Real Estate Affiliates, Inc. and an equal housing opportunity company.