Cushman & Wakefield

Construction Underway At Bottega Veneta’s 740 Madison Avenue Boutique, Upper East Side

Construction of the 24,000-square-foot Bottega Venetta boutique store is in full swing at the intersection of Madison Avenue and East 64th Street. The retailer will occupy 740 Madison Avenue along with 23 and 25 East 64th Street. It acquired the property from the Wildenstein family of international art dealers in the fourth most expensive lease of 2014, with an estimated rent of $8 million. Sitting one block east of Central Park and a few blocks north of the Billionaires’ Row rising along 57th Street, the site is within the Upper East Side Historic District, meaning that the developer had to engage in a delicate design and approval process before starting work on the three 19th century buildings.

Read More

341 39th Street

Warehouses At 341-353 39th Street Placed On Market, Sunset Park

Hampshire Companies has tasked Cushman & Wakefield to market the 10-story, 130,000 square-foot warehouse building at 341 39th Street, and the adjacent seven-story, 30,000 square-foot warehouse at 353 39th Street, located three blocks from the 36th Street stop on the D, N and R trains. The asking price is nearly $50 million, and the site is being advertised as a potential redevelopment, according to Crain’s. The buildings could be converted into office space as-of-right, or a rezoning could be sought for residential use.



219 West 21st Street

Three-Story Industrial Building At 219 West 21st Street In Chelsea Primed For Redevelopment

Cushman & Wakefield is marketing the three-story, 13,040 square-foot building at 217-219 West 21st Street, in Chelsea, between Seventh and Eighth Avenues. The property has 6,710 square feet of unused air rights, according to Commercial Observer, but a developer could also demolish the existing structure for a new building. Leases currently occupy parts of the building, but expire at the end of 2017.


Fetching more...