Faith Hope Consolo has secured an atelier for rising star jeweller Michal Kadar ahead of an ambitious retail push this year.
Kadar recently won the Rising Star Award for Fine Jewelry from Fashion Group International in New York. Consolo and her team at Douglas Elliman arranged a lease at 595 Madison Avenue, the Fuller Building owned by Vornado, for the designer’s new firm, CADAR.
The fifth-floor 4,200 s/f atelier in the 40-story Art Deco skyscraper will served as a base from which CADAR will launch its rollout.
To build relationships with fine jewelry retailers, last month Kadar hired Ralph Destino, the former president and chairman of Cartier.
At Cartier, Destino engaged Consolo to lead negotiations in Greece with the Alexander S. Onassis Foundation to renew the lease of the Cartier Mansion at 611 Fifth Avenue. Her team went on to represent Cartier for its retail presence at 828 Madison Avenue, in The Westbury, also owned by Vornado. Following his retirement, after 32 years at Cartier, Destino served as chairman of the Gemological Institute of America and led that organization for three years. He’s now Chairman Emeritus of both groups, as well as a recent inductee into the Retail Jewelers Hall of Fame.
“It was a great pleasure to work with Michal on this transaction and I’m certain that the involvement and support of Ralph of her fabulous design work will soon lead to CADAR becoming very well known by the world’s finest jewelry retailers,ˮ Faith Hope Consolo said.
