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Futterman & Associates named agents for 509 Fifth.


Howard Gilbert, senior managing director of Robert K. Futterman & Associates (RKF RKF Rapid Knowledge Formation ), has been named the exclusive agent for a total of 8,000 SF of retail space at 509 Fifth Ave., between 42nd and 43rd Streets.

The building, at the crossroads of 42nd and Fifth in Midtown mid·town  
n.
A central portion of a city, between uptown and downtown.


midtown
Noun

US & Canad the centre of a town
, features 3,500 SF of street level retail space, 11-foot-high ceilings and 26 feet of window frontage. Additionally, there is 2,500 SF of mezzanine space that was previously used as retail. The basement rounds out the available space. Additionally, there are signage possibilities vis a vis awnings and blade signs that would provide tremendous visibility to the heavy pedestrian traffic.

Retail neighbors include: Nat Sherman

Nat Sherman is a brand of natural "luxury cigarettes", packaged and marketed to a higher-class clientele than most cigarettes. The company, headquartered in New York City, also sells cigars, pipe tobacco, and accessories.
, Botticelli, Today's Man, Fossil, Lenscrafters, Office Depot Office Depot (NYSE: ODP) is one of the world's leading suppliers of office products and services. The Company's selection of brand name office supplies includes business machines, computers, computer software and office furniture, while its business services encompass copying,  and Orvis. RKF is representing the landlord, an affiliate of the Emmes Group of companies, one of the area's largest real estate investment groups.

"This one-of-a-kind space is framed by the New York Public Library New York Public Library, free library supported by private endowments and gifts and by the city and state of New York. It is the one of largest libraries in the world.  to the south, Rockefeller Plaza to the north, and Grand Central Station to the east. Its future tenants will greatly benefit from incredible pedestrian foot traffic driven by local transportation and the neighborhood's high-profile neighbors," Gilbert said. "The landlord is looking for Looking for

In the context of general equities, this describing a buy interest in which a dealer is asked to offer stock, often involving a capital commitment. Antithesis of in touch with.
 the right tenants, which might include anything from a restaurant to a clothing store. The right tenant will reposition the block."

RKF offers sophisticated leasing and investment sales services and its team of 20 real .estate professionals consistently ranks as the top performer in the industry.

Since 1998, RKF has concluded in excess of $500 million in aggregate transactions.
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Copyright 2001, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Article Details
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Publication:Real Estate Weekly
Article Type:Brief Article
Geographic Code:1USA
Date:Jun 6, 2001
Words:256
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