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Deals & Dealmakers

Dean & Deluca to open first NYC corporate office at 3 Park Ave.

Dean & DeLuca, which opened its first upscale specialty food store in Soho in 1977, has signed a long-term lease at Charles S. Cohen’s 3 Park Avenue for its first corporate office in the city.

The Wichita, Kansas-based company, which now operates stores and cafes throughout the world, has leased 9,000 s/f of space on the building’s 37th floor. It expects to move into its new offices in the fourth quarter of this year.

Kelly Supple, of Rutenberg, represented Dean & DeLuca in the 10.5-year leae while Marc Horowitz, senior vice president and national director of office leasing at Cohen Brothers Realty Corp., represented the building owner. Asking rent for the space was $85 psf.

“We’re delighted that this pioneering company known for its epicurean treats has chosen 3 Park Avenue for its New York corporate headquarters,” stated Cohen Brothers President and CEO Charles Cohen.

In addition to its New York City locations, Dean & DeLuca today operates stores in Washington D.C; Charlotte, North Carolina, Leawood, Kansas and Napa Valley, California, as well as in Japan, Thailand, Singapore, Philippines, South Korea and The Middle East.

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