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Retail leases on Madison.

In a leasing transaction negotiated by New Spectrum Realty Services, Inc., Equipment, the Paris-based fashion retailer with shops throughout Europe and the Far East, has leased an 800-squarefoot store at 872 Madison Avenue, at 71st Street, as its New York flagship, and first U.S. store. Ben Fox, executive vice president of New Spectrum Realty Services, made the announcement. The 10-year lease, at an undisclosed rental, was negotiated by New Spectrum's Carole Greene.

In two other recent transactions, Savage, the Manhattan-based jewelers with three Manhattan locations, has leased a 600-square-foot stor for 10 years at 1007 Madison Avenue, at 78th Street, at an undisclosed rental, and Jack David Ltd., the Manhattan-based jeweler, also with three locations, has leased 600 square feet of space at 1022 Madison Avenue, at 78th Street for 10 years at an undisclosed rental. Both leases were negotiated by New Spectrum's Naomi Weidman.
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Title Annotation:New Spectrum Realty Services Inc. leases commercial space to French fashion retailer Equipment, and jewelers Savage and Jack David Ltd. in New York, New York
Publication:Real Estate Weekly
Date:Jan 6, 1993
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