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RKF Named Exclusive Retail Leasing Agent for the Milford Plaza Hotel
06/21/2005


Firm to lease prime Eighth Avenue retail corners

NEW YORK, NY — Robert K. Futterman & Associates, LLC (RKF), the nation's leading independent real estate firm specializing in retail leasing and investment sales, has been selected as exclusive retail leasing representative for 13,400 square feet of retail space at The Milford Plaza Hotel, 700 Eighth Ave.

Robert K. Futterman, chairman and CEO, Ariel Schuster, managing director, and Jonathan Krieger, director, of RKF will oversee the assignment for property owner Ogden CAP Properties, LLC. The retail space encompasses the ground floor and second floor at the corners of 44th Street and Eighth Avenue, and 45th Street and Eighth Avenue.

"The hotel is on the western edge of Times Square, the entertainment Mecca of Manhattan, and offers retailers tremendous visibility and foot traffic," said Futterman. "The Milford Plaza Hotel is located near 14 Broadway theaters and within easy reach of Radio City Music Hall, Rockefeller Center and the Javitz Convention Center."

The 4,900 square feet on the ground floor and the 4,500 square feet on the second floor of the corner of 44th Street and Eighth Avenue are available immediately. Currently a restaurant, a pub and a portion of the hotel lobby, the 3,500 square feet on the ground floor and 1,500 square feet on the second floor at 45th Street will be available in April 2007.

The Milford Plaza Hotel is centrally located in the heart of Manhattan's Theater District. The hotel, built in 1928, includes a spacious, duplex marble lobby with crystal chandeliers. It is located within walking distance of New York's best shopping areas, sightseeing landmarks and transportation.

The country's leading independent real estate firm specializing in retail leasing and investment sales, New York-based Robert K. Futterman & Associates (RKF) serves a broad spectrum of domestic and global clients in services ranging from national tenant and owner representation to advisory, consulting and disposition. With over $1.75 billion in aggregate real estate transactions to its credit, RKF has been responsible for identifying scores of real estate opportunities in New York City, its suburbs and throughout the United States for leading American and international chains, retailers, developers and institutional clients.
 
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