Luxury Eyewear Brand to Open Second New York City Store at 944 Madison Avenue
NEW YORK —RKF, the country’s leading independent real estate firm specializing in retail leasing, investment sales and consulting services, announced today that it has arranged a 800-square-foot lease for DITA, the California-based luxury eyewear brand known for its handmade quality and cosmopolitan aesthetic. The new store will open in spring 2017 at 944 Madison Avenue, in the heart of the Upper East Side’s vibrant luxury market. This will be DITA’s eight store worldwide and its second in New York City.
RKF Executive Vice President Joshua Strauss and Associate Taryn Talmadge represented DITA in the transaction. The landlord, 14 East 75th Street Inc., was represented by CBRE’s Richard Hodos and Daniel Alesandro.
Located on the west side of Madison Avenue between 74th and 75th Streets on the Upper East Side, 944 Madison Avenue is ideally situated directly across from the Met Breuer and only steps from Apple’s Upper East Side store, and leading international fashion and accessories retailers, including Christian Louboutin, Aquazzura, Moynat, Roland Mouret, IRO and Acne Studios — all of which recently signed leases in this exclusive and heavily trafficked stretch of Madison Avenue often referred to as the “Gold Coast”. DITA will occupy 600 square feet on the ground floor and 200 square feet in the lower level.
“In recent years, the 70s have found favor with edgier, aspirational contemporary retailers that have typically sought out only hip downtown retail markets,” said Strauss. “With its high-end customer base and luxury retail co-tenancy, this stretch of Madison Avenue is the perfect fit for DITA.”
The leading independent real estate firm in North America specializing in retail leasing, investment sales and consulting services, RKF serves a broad spectrum of domestic and global clients in services ranging from national tenant and owner representation to advisory, consulting and dispositions. With approximately $30 billion in aggregate real estate transactions to its credit, RKF has been responsible for identifying scores of real estate opportunities throughout the United States for leading American and international chains, retailers, developers and institutional clients. RKF is headquartered in New York with offices in Chicago, Las Vegas, Los Angeles, Miami, Northern New Jersey, San Francisco and Toronto. RKF operates in Canada as RKF Group Canada Realty, a retail brokerage.
RKF’s New York City office is located at 521 Fifth Avenue, Floor 7, New York, NY 10175.
T: 212.599.3700. www.rkf.com