2013   2012   2011   ARCHIVE

Crain’s New York Business | Lalique lands on Madison Avenue


By, Adrianne Pasquarelli

The luxury corridor of Madison Avenue will shortly shine even brighter. French crystal store Lalique recently signed a 15-year lease for 900 square feet at 609 Madison Ave., at East 58th Street. The asking rent for the space, which includes a 750-square-foot basement, was $850 a square foot.

The space previously housed Nao, a beauty salon. Lalique is planning an extensive renovation in order to accommodate its high-end vases and glassware.

“They will do a major build-out,” says Bill Abramson, the director of brokerage at Buchbinder & Warren Realty Group who represented landlord Zurich Holding Co. The tenant was represented by Stephanie Snyder, a broker at Robert K. Futterman & Associates at the time, and Steve Greenberg, president of the Greenberg Group.

Lalique formerly had a New York location at 712 Madison Ave., a site now occupied by jeweler David Yurman.

The asking rent was about $200 per square foot below the $1,057 a square foot average that shops on the avenue commanded at the end of last year, according to Cushman & Wakefield data.


Submit Resume

* Required Field

Fill out my online form.


Enter your information:

Enter your friend's email addresses:


Prove you’re human.: