RKF announced a long-term lease with Mackenzie-Childs for 7,700 s/f of retail space lease at Solow Realty & Development Company’s 20 West 57th St., on the south block between Fifth and Sixth Avenues in the Plaza District.
The American-made luxury home furnishings, tableware and gift company will relocate from its existing location at 14 West 57th St. and plans to open at its new location by the fourth quarter of 2012. RKF chairman and CEO Robert Futterman and senior director Brandon Eisenman arranged the lease on behalf of the landlord, Solow Realty & Development Company, while Newmark Grubb Knight Frank executive vice president & principal Jeffrey Roseman represented Mackenzie-Childs.
“Solow’s 20 West 57th Street property is the ideal relocation for Mackenzie-Childs because it provides incredible exposure in a distinct Plaza District building not far from its original flagship,” said Eisenman. “The brand was determined to stay on the same block because it has always been successful in the market.”
“57th Street is poised to gain further momentum and pick up speed as luxury and high-end brands increasingly look beyond Fifth and Madison Avenues,” added Futterman. “We have seen quite a bit of what we are marketing, and Solow is ready to make deals to lead the charge in the market. Several new developments are underway and many more are planned that will transform 57th Street from Fifth Avenue to Eighth Avenue and expand the retail offerings.”