Frette Leases 1,570 sf at 806 Madison in Manhattan

Posted On January 14, 2023

Rose Associates, the New York-based multifamily real estate developer and manager, has announced that Frette recently signed a 1,570-square-foot, 10-year lease at 806 Madison Avenue in New York City. The Rose-managed space is at street level and located on the southwest corner of 68th Street and Madison Avenue.
Christian Stanton, managing director of Cushman & Wakefield, represented building owner
Storepark LLC in the transaction. The CBRE team of Joseph Hudson and Duane Davis
represented Frette, the Italian textile company known for its luxury linens. Frette plans to
relocate to 806 Madison Avenue by August 2023.
“806 Madison Avenue is located in the heart of New York’s premier retail corridor, and we are pleased to have worked with Cushman & Wakefield, CBRE and Storepark to facilitate a lease that keeps Frette well positioned in this neighborhood for years to come,” said Michele Bengelsdorf, managing director of asset management at Rose Associates.

Rose Associates’ commercial real estate division oversees the leasing and management of
roughly one million-square-feet of commercial space. The company has retail properties in
neighborhoods that include the Flatiron, Greenwich Village, Chelsea and downtown
Brooklyn. Rose is currently marketing an additional retail space at 1245 Madison Avenue at
89th Street.

SOURCE: Real Estate Weekly

About Rose Associates, Inc.

Based in New York, Rose Associates is a developer, owner and operator of premium residential properties. From planning a new development to managing day-to-day property operations, the Rose 360 Platform offers a full range of services designed to maximize the value of real estate. The firm oversees more than 26,000 units across New York, with approximately $2 billion in projects under development. Rose recently opened the historic skyscraper 70 Pine Street, which the firm is transforming into a luxury rental property with 644 residential units, 132 extend-stay apartments and a destination restaurant/lounge occupying the top four floors.

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