By Real Estate Weekly
RKF and Isaacs and Company announced that they have arranged a new lease for Aquazzura at 935 Madison Avenue on Manhattan’s Upper East Side. This will be the luxury shoe retailer’s first standalone location in the United States.
RKF Vice Chairman Ariel Schuster, Managing Director Jackie Totolo and Associate Brandon Elias, along with Isaacs and Company President Joel Isaacs and Joshua Lewin, arranged the transaction on behalf of the landlord, JZS Madison, LLC. Marc Simon of Isaacs and Company represented Aquazzura.
Situated between 74th and 75th Streets on Madison Avenue, Aquazzura will occupy 2,221 total square feet of retail space, including 1,144 square feet on the Ground Floor and 1,077 square feet in the Lower Level. The space features 17 feet of frontage on Madison Avenue, with the building’s original 1876 façade, as well as lofty 18-foot and 10-foot ceilings on the Ground Floor and Lower Level, respectively.
Aquazzura will sit at the base of the former Whitney Townhouses, brownstones that have been completely redeveloped into luxury boutique condominiums, and directly next door to the new The Met Breuer. Aquazzura will join French leather goods retailer Moynat, who recently announced its opening and will occupy the adjacent space. 935 Madison is located in close proximity to other notable retailers and hotels including Apple, Gianvito Rossi, Carolina Herrera, The Surrey Hotel, The Carlyle Hotel and The Mark Hotel.
“We’re thrilled that Aquazzura selected 935 Madison Avenue, as it’s the perfect statement location for the brand’s first U.S. store,” said Schuster. “Aquazzura will complement other luxury retailers in the area and contribute to the high-end co-tenancy we’re seeking for these prime spaces on Madison Avenue.”
“Aquazzura recognized the opportunity to make a brand statement with the double height, historic frontage and new construction that 935 Madison Avenue offers,” said Isaacs. “Madison Avenue in the 70’s is now the most dynamic section on the Avenue.”
RKF and Isaacs and Company continue to market an additional 9,123 square feet of Ground Floor and Lower Level retail space at 935 Madison Avenue, ideally suited for other luxury tenants.
Aquazzura, headquartered in Florence, Italy, is one of Europe’s most prestigious and luxurious shoe retailers. Launched in 2011 by Edgardo Osorio, who previously worked for Salvatore Ferragamo, Sigerson Morrison, Rene Caovilla and Roberto Cavalli, Aquazzura has gained global recognition as an innovator in the shoe industry. Aquazzura is currently sold in the United States at a select number of contemporary and luxury retailers that include Bergdorf Goodman, Barneys New York, Neiman Marcus, Saks Fifth Avenue, Net-A-Porter, Intermix and Shopbop. The new location is scheduled to open in February 2016.