Consolo and Aquino in shoppers paradise.The leasing team of Faith Hope Consolo, Vice Chairman, and Joseph A. Aquino, Managing Director, of Garrick-Aug Worldwide, Ltd. has been appointed exclusive agent for 168 Fifth Avenue, between 21st and 22nd Streets, in the flourishing flour·ish
v. flour·ished, flour·ish·ing, flour·ish·es
1. To grow well or luxuriantly; thrive: The crops flourished in the rich soil.
2. Flatiron District.
The three-level space totals 7,700 square feet and consists of a ground level of approximately 3,200 square feet, a basement This article is about the section of a building. For the foundation, see Basement rock.
A basement is one or more floors of a building that are either completely or partially below the ground floor. Slab-on-grade buildings do not have basements. of 1,000 square feet and a 3,500-square-foot second floor.
The space, whose second level can also be leased separately, has 25 feet of frontage on renowned Fifth Avenue and is presently occupied by Jennifer Convertibles Jennifer Convertibles Inc. ((AMEX:JEN)) is the owner and licensor of sofabed specialty retail stores and leather specialty retail stores in the United States, with stores located throughout the Eastern seaboard, in the Midwest, on the West Coast and in the Southwest. .
"Flatiron has lived up to its reputation as both a shopper's and retailer's paradise," says Mr. Aquino.
"With hardly any turnover in retail tenants and support from a great workforce, Flatiron is considered the rock of Manhattan. The vicinity's selection of exciting restaurants and proximity to numerous subway subway: see rapid transit.
Underground railway system used to transport passengers within urban and suburban areas. The first subway line, 3. lines and bus stops make 168 Fifth Avenue an excellent opportunity for retailers. The residential market is also booming, adding to the seemingly seem·ing
Outward appearance; semblance.
seeming·ly adv. endless traffic from the area's numerous tourists."
Meanwhile, Consolo and Aquino, also arranged for the renewal of the lease for Searle at 805 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. , between 67th and 68th Streets. The long-term Long-term
Three or more years. In the context of accounting, more than 1 year.
1. Of or relating to a gain or loss in the value of a security that has been held over a specific length of time. Compare short-term. lease is for 15 years.
The 3,000 s/f, two level store will be completely re-designed. Ms. Consolo and Mr. Aquino represented both the tenant and the landlord in this transaction.
Says Consolo, "Searle has been a fashion tradition since opening its first shop at 62nd Street and Third Avenue in 1962 and has earned a following that is not only national, but global. The Searle customer has no worldly boundaries, her only limit is that of taste."
Concludes Aquino, "We have worked with Searle for many years and it was a great pleasure to assist the company in renewing the lease for 805 Madison Avenue so that they may create a new and exciting shopping adventure."