New York, NY – October 24, 2018 – Cushman & Wakefield announced today that the real estate services firm has arranged a 10-year, 3,000 square-foot lease for Reformation, a sustainable women’s fashion brand, at 1055 Madison Avenue in Manhattan’s Upper East Side.
A Cushman & Wakefield team consisting of Ian Lerner and Aylin Gucalp represented the landlord, Status Capital in the transaction. Reformation was represented by Michael Yadgard of Maxwelle NY.
“1055 Madison Avenue offers rare availability in a strong upper Madison Avenue market,” said Cushman & Wakefield’s Ian Lerner. “The tenant will benefit from the prime location, as well as flexible configurations and upcoming redevelopment of the storefront.”
Reformation will occupy a portion of the retail space for it’s uptown flagship location. The space will incorporate many of their innovative store elements including their “magic” wardrobes. Reformation’s distinct shopping experience starts with customers choosing items from a touch screen. When the customer is ready to try these pieces on, each item they chose will appear in a “magic” wardrobe in their designated dressing room.
Located in Manhattan’s Upper East Side neighborhood, 1055 Madison Avenue is conveniently located one block from Central Park and the Metropolitan Museum of Art. Neighboring tenants include Pinko, E.A.T Café, Lululemon and J.Crew. Cushman & Wakefield will have two remaining availabilities at the property – a jewelbox corner of 1,000 sf and an inline piece of approximately 4,000 sf.
About Cushman & Wakefield
Cushman & Wakefield (NYSE: CWK) is a leading global real estate services firm that delivers exceptional value by putting ideas into action for real estate occupiers and owners. Cushman & Wakefield is among the largest real estate services firms with 48,000 employees in approximately 400 offices and 70 countries. In 2017, the firm had revenue of $6.9 billion across core services of property, facilities and project management, leasing, capital markets, valuation and other services. To learn more, visit www.cushmanwakefield.com or follow @CushWake on Twitter.