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T h e R e t a i l A t 6 0 8 F i f t h A v e n u e
Transcript of T h e R e t a i l A t 6 0 8 F i f t h A v e n u e€¦ · T h e R e t a i l A t 6 0 8 F i f t h A v...
T h e R e t a i l A t 6 0 8 F i f t h A v e n u e
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PRIME RETAIL OPPORTUNITY
Boasting 20,000 - 45,000 square feet of large-scale retail, 608 Fifth Avenue sits prominently on the
world’s most coveted shopping corridor. Located on the corner of Fifth Avenue and 49th Street in
Rockefeller Center, the retail space gives way to 59 feet of frontage on Fifth Avenue and 140 feet of
frontage on 49th Street. Proximity to some of the world’s best shopping, hotels, and dining are
only a few of the exclusive benefits accompanying this prime retail location.
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FIFTH AVEFIFTH AVEFIFTH AVEFIFTH AVE
AVE OF THE AMERICASAVE OF THE AMERICAS
8TH AVE8TH AVEBROADWAYBROADWAY
MADISON AVEMADISON AVE
PARK AVEPARK AVE
LEXINGTON AVELEXINGTON AVE
THIRD AVETHIRD AVE
SECOND AVESECOND AVE
W 59TH ST
W 59TH ST
W 58TH ST
W 58TH ST
W 57TH ST
W 57TH ST
W 56TH ST
W 56TH ST
E 55TH ST
E 55TH ST
E 55TH ST
E 55TH ST
E 54TH ST
E 54TH ST
E 54TH ST
E 54TH ST
E 53RD ST
E 53RD ST
E 52ND ST
E 52ND ST
W 52N
D ST
W 52N
D ST
E 4
9TH
ST
E 4
9TH
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9TH
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9TH
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W 4
3R
D S
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W 3
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W 3
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TH S
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TH S
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W 3
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W 3
6TH S
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W 3
6TH S
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W 3
5TH S
T
W 3
5TH S
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W 3
4TH S
T
W 3
4TH S
T
W 3
3RD ST
W 3
3RD ST
Grand Central Terminal
New York Public Library
Lord & Taylor
Empire State Building
Madison Square Garden
Penn Station
Farley Post Office Port Authority Bus Terminal
Times Square Central Park
Bryant Park
Top of The Rock
Rockefeller Center
The Peninsula Hotel
Saks Fifth AvenueSt. Patrick’s Cathedral
Waldorf Astoria
St. Regis Hotel The Plaza Hotel
Bergdorf Goodman
Apple Store
New Entrance toSubway & Grand Central Terminal
E 50TH S
T
E 50TH S
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E 51ST S
T
E 51ST S
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N RQ2 31
A C E
7
7
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N RQ
S
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7 EXTENSION
B D F M B D F M
4 5 6
4 5 6
ME
2 31
608
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NEW YORK CITYDEMOgRAPhICs
New York metropolitan area population: Nearly 20 million
New York City population: More than 8.2 million
Manhattan population: 1.6 million
TOURIsM
New York City is the nation’s largest Central Business District with 52 million visitors in 2012
$32 billion was spent by visitors in 2012
BUsINEss AND FINANCE
Home to the New York Stock Exchange and NASDAQ
New York City estimated 2012 gross city product of $448 billion
410 million square foot office market in New York City
More than 200 newspapers and 350 consumer magazines have an office in New York City
45 Fortune 500 companies are headquartered in New York City
New York City’s film industry is the nation’s second largest after Hollywood
30 Venture Capital Firms are based in New York City with 14 more operating outposts
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MADISON AVE
PARK AVE
PARK AVE
VANDERBILT AVE
FIFTH AVE
SIXTH AVE
MADISON AVE
PARK AVE
PARK AVE
FIFTH AVE
SIXTH AVE
ROCKEFELLER CENTER
ROCKEFELLER CENTER
CH
AN
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RD
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CE
NT
RA
L PA
RKBRYANT PARK
NEW YORKPUBLIC LIBRARY
GRAND CENTRALTERMINAL
St. Patrick’sCathedral
Cole HaanCoach
LegoStore
Banana Republic
AnthropologieRadio City M
usic Hall
Del Frisco’s GrillBrooks Brothers
The Body Shop
J. CrewNine W
est
Aerosoles
Papyrus
Magnolia
Bakery
Brookstone
First Republic Bank
Godiva
Louis MartinJewelers
Delfino
Erwin Pearl
Fire Zone
Berlitz
Pylones
Brassiere Ruhlman
Equinox
Pulse Sports Club
Michael KorsLongcham
p
Metropolitan
Museum
of Art Store
Ann Taylor
Dean & Deluca
Citi Bank
American Girl Place
Saks Fifth Avenue
AldoSunglass Hut
United Colors Of Benetton
Ted Baker
BCBG Maxazria
AllenEdmonds
Sephora
H&M
Daffy’s
Coach
Ann Taylor
Brooks Brothers
Paul Stuart
My Suit
Men’s Wearhouse
J. Press
Madison Jewelers
Andrew’s Ties
Robert Marc
Muska Bags
Men’s Wearhouse
Burberry
Burberry Brit
NBC Studios
Nintendo World
FlorsheimShoes
Loft
Johnston & Murphy
Tourneau WatchesLanciani
TumiFredi PisanoVictor Hugo
Pink
Muska Bags
A.R. TrappOpticians
Nine WestJohnston & Murphy
ClarksTommy Bahama
Morellato
De Picciotto
Sarar
Charles Tyrwhitt
Pret
Haru Bread & CoScottrade
Starbucks
Eden Fine Arts
New York Palace
Sushi Ann
Cafe Bistro
Just Salad
Gilt Restaurant
Jets Shop
Berkday Caterers
Chipotle
Charles Schwab
E*Trade
Starbucks
J. Crew
Shoe Mania
Easy Spirit
Urban Outfitters
Best Buy
Michael C. Fina
BaramiCohen’s Fashion Optical
ZARA
Joe Fresh
Orvis
Chase Bank
Fossil
Lauren
Jewelers on FifthGuess
Little MissMatched Socks
Kestenbaum & WeisnerTreasurly By Dim’a
NBA Store
Botticelli
Sephora
DiorMont Blanc
ChanelMiu MiuBurberryBreitlingSaint Laurent
Bergdorf Goodman
Van Cleef & Arpels
Plaza Hotel
Bally
Crate & Barrel
Porsche Design
UGGShanghai Tang
Furla
Tourneau
NiketownOxford Clothes
MikimotoPrada
PiagetBvlgari
Abercrombie & Fitch
WempeSwarovski
Lindt
Uniqlo
Gap
SwatchHollister
Zara
Juicy Couture
Godiva
H&M
Bergdorf Men’s
FAO Schwarz
Apple
Gilan
Louis Vuitton
Dolce & GabbanaEscadaArmani
Gucci
Tiffany & Co.Geox
FogalSemoneta GlovesLalique
CoachPrada
Mulberry
Alain MikliFolli FollieLacostePrada
Allen Edmonds
Dunhill
Officine Panerai
Hickey Freeman
Links London
Talbots
Eileen Fisher
Marmi
ToywatchCelliniVerdi & KennedyBolton’sH.L. Purdy Opticians
Express
Gale Grant Jewelry
Robert MarcThe Walking Company
Trump Tower
OmegaBreguet
De Beers
St. Regis HotelJimmy ChooM.A.C CosmeticsBottega VenetaEmilio Pucci
Massimo Dutti
Diesel
Stuart WeitzmanFendiTommy Hilfiger
Blanc De Chine
St. John’sRolex
Salvatore Ferragamo
H. Stern JewelryGantVersaceCartier
Armani Exchange
FaçonnableW
ellsFargo
Henri Bendel
Harry Winston
The Peninsula Hotel
LindtErmenegildo Zegna
Aritzia
Tri Tip GrillAJ Maxwell’s Grill
Mendy’s
CosiLa Maisondu Chocolate
Tossed
Tumi
Times square
empire sTaTe Building
608
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FIFTh AVENUE, NEW YORK CITYFifth Avenue is the premier luxury retail district in North America—boasting flagship stores and boutiques for some of the world’s most elite department stores and designers, luxury jewelers, exquisite restaurants, and internationally renowned hotels.
New York City attracts 52 million tourists annually. Visitor spending has increased 70% since 2010. New York City is also home to more than 57 billionaires and 720,000 millionaires, making it the wealthiest city in the country. Fifth Avenue is one of the most trafficked streets and produces some of the highest retail sales in the world.
The New York Metropolitan Area tops the list of metro-area wealth centers and its total number of millionaires is greater than the combined total of the next three largest centers—Los Angeles, Chicago, and Washington, D.C. Additionally, the New York Metropolitan Area leads the nation in its population of ultra high net worth individuals with 7,720 people in the area with a net worth of $30 million or more.
608 Fifth Avenue sits in the heart of the largest office market in the world. Approximately 410 million square feet of office space exists in New York City, of which 392 million is located in Manhattan. Manhattan’s office inventory is greater than the next 5 largest U.S. markets combined and features some of the most iconic and desired office properties in the world. 608 Fifth Avenue’s central location in the Midtown Manhattan submarket places it at the epicenter for business and activity in the world.
608
T h E R E T A I L O P P O R T U N I T Y
GROUND LEVEL
AVAiLABLE SPACE: 10,172 SFCEiLiNg HEigHT: 17’-4”
FIFTH A
VE
NU
EFLOOR PLAN 49TH STREET
UP FR CDN FR 2ND
DN TO C UP TO 2ND
FE
UP
DN
DN
UP
DN
139'- 5”58'- 7”
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15
SECOND LEVEL
FIFTH A
VE
NU
E
AVAiLABLE SPACE: 11,565 SFCEiLiNg HEigHT: 18’-6”
DN
FR 3R
D
UP TO
3RD
UP FR 1ST
OPEN TOBELOW
OPEN TOBELOW
DN TO 1ST
ROOF BELOW
FE
UPDN
UP
DN
FLOOR PLAN 49TH STREET
AVAiLABLE SPACE: 10,750 SFCEiLiNg HEigHT: 12’-6”
DN
TO 2N
D
UP FR
2ND
ROOF BELOW
FE
ROOF BELOW
UP
DNUP
FIFTH A
VE
NU
E
THIRD LEVEL
FLOOR PLAN 49TH STREET
16
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AVAiLABLE SPACE: 11,800 SFCEiLiNg HEigHT: 15’-3”
UP TO 1ST
DN FR 1ST
FE
DN
UP
DN
UP
FLOOR PLANFIFTH
AV
EN
UE
CELLAR LEVEL
49TH STREET
Sherri [email protected]
Jamie Kendall [email protected]
888 Seventh Avenue New York, NY 10019www.vno.com
ABOUT VORNADO REALTY TRUsT
Vornado Realty Trust is a preeminent owner, manager and developer of office, retail and residential assets. its portfolio of over 100 million
square feet includes nationally recognized properties such as The Bloomberg Tower and the New York Stock Exchange headquarters in
New York City, the retail block front of 1540 Broadway in Times Square, the 555 California Street skyscraper in San Francisco, and the
historic Merchandise Mart in Chicago.
Vornado Realty Trust is one of the largest publicly traded REiTs in the nation and an S&P 500 constituent. in 2012 Vornado commemorated
50 years on the New York Stock Exchange.
Vornado is Manhattan’s largest owner/manager of urban retail, controlling over 2.7 million square feet in 50 properties situated in the most
prestigious, expensive, and highly trafficked retail corridors in New York City including Fifth Avenue, Madison Avenue, Times Square,
Herald Square-34th Street, and SoHo.
Vornado’s creative approach to managing its spaces has resulted in innovative New York City flagships for companies such as Forever
21, Coach, and Disney. The company’s understanding of core retail operations and its significant presence in some of the most desired
retail corridors in the world have led to U.S. inaugural store placement for such retailers as H&M, Zara, Massimo Dutti, TopShop, Joe
Fresh, and Belstaff as well as strategic leasing relationships with J. Crew, Whole Foods Market, and Limited Brands, amongst others.
Vornado also owns and manages leading centers in other urban retail markets. These marquee assets outside of New York City include
georgetown Park in Washington, D.C., Lincoln Road in South Beach, Miami, and Beverly Connection in Los Angeles.
Property data as of 6/30/2012. All information is from sources deemed reliable, however no representation or warranty is made to the accuracy thereof. Property information is submitted subject to errors, omissions, change of conditions prior to sale or lease or withdrawal without notice. Unauthorized use or reproduction of the images, renderings, plans and other depictions of such included properties and projects is strictly prohibited.
LEAsINg INFORMATION
