New York -- RKF said Tuesday it has completed the leasing assignment at the base of The Mark Hotel at 992-998 Madison Avenue on behalf of ownership Alexico Group.
All of the hotel’s ground-floor retail space, which is located on Madison Avenue and 77th Street, is now leased.
RKF was responsible for leases with Zadig et Voltaire, Jack Vartanian, Punto Ottico, Phoenix Roze and, more recently, 25 Park. These tenants joined Frederic Fekkai Salon, The Mark Restaurant by Jean-Georges, John Lobb and Sant Ambroeus at the property.
“We will continue to see strong demand here as retailers recognize that the affluent Upper East Side demographic wants more fashion retail options in their backyard,” said RKF managing director Beth Rosen. “This certainly explains why international designers and brands are opening stores on Madison Avenue in the Seventies either in addition to (or instead of) opening them in major NYC shopping districts such as SoHo and the Meatpacking District.”