667 Madison Avenue’s corner retail unit will be available for the first time in 25 years when Cole Haan leaves in February of 2013.
The corner unit consists of 1,689 s/f of ground floor retail and 1,858 s/f of storage space along with 500 s/f of mezzanine space.
The retail unit is located at the southeast corner of East 61st Street and Madison Avenue in what has historically been the wealthiest zip code in the United States.
It is directly across from Barney’s and amid Manhattan’s greatest stretch of high-end luxury retailers with neighbors that include Michael Kors, Calvin Klein, Hermes, Chopard and others. 667 Madison is close to multiple transportation options, a wide array of fine dining, and many exclusive hotels.
“This is a once-in-a-generation opportunity for a luxury retailer to make a brand statement by locating at the pinnacle address in the Madison Avenue shopping district,” said Leonard Stern, chairman and CEO for Hartz Group, the property’s owner.
“It will be exciting to see who takes advantage of this space and how they will make their mark on the surrounding neighborhood.”
Glenn Frankel, vice president of leasing responsible for 667 Madison, said, “There’s a lot of activity on Madison Avenue with Paul and Shark moving in just next door as well as Chanel, Emilio Pucci and Christofle moving to the Plaza area this spring.
“This retail unit is definitely the jewel of the Madison Avenue market.”
The space offers more than 120 feet of wrap-around window frontage, including six double-story window displays and 24-foot ceilings.
The building includes a replica of the original Statue of Liberty which sits in the outer entryway of the building.