RKF Continues Lincoln Square’s Retail Expansion at 2040 Broadway
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 lease with Roche Bobois at 2040 Broadway. The legendary French luxury furniture brand signed a lease for 3,525 square feet on the ground floor of The Coronado, a mixed-use high-rise developed by Sherwood Equities, located in the Upper West Side’s Lincoln Square. 2040 Broadway will be the brand’s third location in Manhattan.
RKF Vice Chairman Ariel Schuster and Senior Director Andrew Connolly represented Sherwood Equities in the transaction. Roche Bobois was represented by The Greenberg Group’s Zack Gross.
Located on the northeast corner of West 70th Street and Broadway, The Coronado is a 22-story luxury condominium with breathtaking views of the Hudson River and Central Park, both nearby. Current retail tenants at the property include LensCrafters and Sabon. 2040 Broadway is ideally situated at the nexus of arts—near the Lincoln Center for the Performing Arts, whose tenants include the Metropolitan Opera, New York City Ballet, Jazz at Lincoln Center and the New York City Opera—and upscale shopping and gourmet restaurants. The Coronado is only two blocks from the 72nd Street subway station. Nearby retailers include Apple, Bloomingdale’s, Theory, Iro, Intermix, Kate Spade New York, L’Occitane, LOFT, Pottery Barn, Chase, HSBC, Lowe’s Home Improvement, Starbucks, and Zara. 2040 Broadway is scheduled to open in Spring 2017.
“The Upper West Side’s Lincoln Square is a very dense residential market and a particularly high-income corridor that enjoys 24/7 foot traffic, attracting major retailers to the area,” said Schuster. “With its high visibility location and wonderful exposure to daytime office workers, residents and tourists, 2040 Broadway was an ideal fit for Roche Bobois to offer its exquisite furnishings to a discriminating clientele that appreciates fine design.”
As the exclusive leasing agent for the property, RKF is also marketing an additional 850 square feet of corner retail space on the ground floor, with 45 feet of frontage and outstanding visibility.
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