News: Brokerage

Schuster, Birnbaum and Shimkin of NKF are sole brokers in Manolo Blahnik lease

Manhattan, NY Manolo Blahnik has signed a lease for its new flagship on 717 Madison Ave. Newmark Knight Frank’s (NKF) vice chairmen Ariel Schuster, Ben Birnbaum and Peter Shimkin were the sole brokers on the transaction. The store is slated to open later this year.

The new location encompasses both office and retail spaces with the ground and lower levels totaling 4,942 s/f of retail space and floors two through four totaling 5,005 s/f of office space.   

For the first time in NYC, the new store will comprise both men’s and women’s footwear. This is the latest in a series of significant investments in US talent and infrastructure as Manolo Blahnik prepares to bring its North American business in-house.

The double-fronted store will be designed by award-winning architect David Thomas of David Thomas Design in collaboration with Manolo Blahnik and Kristina Blahnik, Group CEO. Thomas specializes in international retail design for high-end brands and private clients and was instrumental in the Manolo Blahnik stand-alone boutique in the Palais-Royal, which opened in June 2019.

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