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CityVest Realty tucks Mattress Firm into Lexington Avenue space

CityVest Realty Corp.  completed a 3,300 s/f lease with Mattress Firm, the largest specialty mattress retailer in the U.S., at 1276 Lexington Avenue at 86th Street on the Upper East Side.

The landlord, 1276 Lex Owner, LLC, controlled by Dennis Riese, built out the interior space and the façade for Mattress Firm, which entailed the creation of a new 300 s/f ground-floor entrance with a stairway and an elevator leading to a 3,000 s/f second-floor showroom.

“This creative use of space in one of the best retail locations in the city allows Mattress Firm, a rapidly expanding seller of specialty mattresses, to penetrate an important market in one of the most exclusive neighborhoods in the nation,” said CityVest Realty Corp. president Mark Stempel, who represented the owner in the 10-year transaction.

Brokers Jeffrey Roseman, Marc Frankel and Drew Weiss of Newmark Knight Frank representED the tenant.

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