New York, NY – May 10, 2018 – Cushman & Wakefield announced today that the real estate services firm has arranged a long-term lease for French designer furniture company, Roche Bobois at 950 Third Avenue located at the southwest corner of East 57th Street.

A Cushman & Wakefield team consisting of Executive Vice Chairman Joanne Podell, Managing Director Brandon Singer, and Senior Associate Mary Clayton represented the landlord, Naomi and Andre Altholz of 950 Third, LLC in the transaction. The Cushman & Wakefield team also represented Naomi and Andre Altholz in their deal with Modani Furniture last year for the brand’s flagship store just next door at 942 Third Avenue.

“We were able to offer Roche Bobois the opportunity to relocate from an in-line unit on 57th Street to a prominent and visible corner at 950 Third Avenue, while providing ownership with an ideal, top-tier tenant for their space,” said Joanne Podell of Cushman & Wakefield.

The landlord of the property, Naomi and Andre Altholz added, “We believe Roche Bobois was a perfect fit for our asset. Roche Bobois is a prestigious international brand, and we are pleased to welcome them to 950 Third Avenue. The building and the neighborhood continue to be an attraction for brands seeking an elegant location.”

The 10-year lease totals 8,200 square feet of space over three floors. The property provides over 150 feet of wraparound frontage with 22’ tall glass windows offering an ample branding opportunity for Roche Bobois in a heavily populated residential and office market in the heart of the Design District.

About Cushman & Wakefield

Cushman & Wakefield 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, advisory and other services. To learn more, visit www.cushmanwakefield.com or follow @CushWake on Twitter.