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Clothing store open on Madison. (Retail New York).


Commercial real estate services firm Cushman & Wakefield announced that Anne Fontaine, the international women's apparel designer, has leased 600 SF for a new retail store at 687 Madison Ave AVE Avenue
AVE Average
AVE Alta Velocidad Espanola (train between Madrid and Seville)
AVE Alta Velocidad EspaƱola (Spanish: High Speed Train)
AVE Audio Video Entertainment
AVE Advertising Value Equivalent
.

C&W's Eric Le Goff and James Downey James Downey can refer to:
  • James Downey, the Internet performance artist.
  • James Erwin Downey, a politician in Manitoba, Canada.
  • James Downey, the Canadian academic.
  • James Downey, rugby player.
  • Jim Downey, comedian.
, retail brokerage professionals, represented the designer in its lease negotiations. The new store, at 62nd Street, is scheduled to open in June. The space was previously occupied by Face Stockholm, which is moving up Madison Avenue Madison Avenue, celebrated street of Manhattan, borough of New York City. It runs from Madison Square (23d St.) to the Madison Bridge over the Harlem River (138th St.). In the 1940s and 50s, some of the major U.S.  to 92nd Street. Anne Fontaine will vacate To annul, set aside, or render void; to surrender possession or occupancy.

The term vacate has two common usages in the law. With respect to real property, to vacate the premises means to give up possession of the property and leave the area totally devoid of contents.
 its current space at 791 Madison.

At 687 Madison, Le Goff and Mr. Downey arranged an eight year lease for Anne Fontaine, with a five year renewal option. The asking rent for the ground floor space was about $750 according to according to
prep.
1. As stated or indicated by; on the authority of: according to historians.

2. In keeping with: according to instructions.

3.
 Le Goff. Terms of the deal were not disclosed. Rents in the Madison Avenue retail corridor are among the highest in the world. According to Le Goff, "Anne Fontaine has been a big success and its Madison Avenue store concept has been very profitable."
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Article Details
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Title Annotation:Fontaine
Publication:Real Estate Weekly
Article Type:Brief Article
Geographic Code:1USA
Date:Apr 30, 2003
Words:165
Previous Article:Eyewear retailer to move to Shops at Columbus Circle. (Retail New York).
Next Article:Eckerd signs 9,000 SF lease. (Retail New York).
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