New York & Tri-State + Uptown/Bronx + Retail | February 9, 2023

RIPCO recently arranged four leases for a mix of fashion retailers at 845 Madison Ave. on Manhattan's Upper East Side

RIPCO Brings Four Retail Tenants to Upper East Side Co-Op

RIPCO Real Estate recently completed four retail deals totaling 10,000 square feet at 845 Madison Ave. on Manhattan’s Upper East Side. The tenants included Zadig & Voltaire, John Elliott, Lanvin and Officine Generale.

Richard Skulnik and Linsday Zegans of RIPCO represented the co-op board of 845 Madison Ave. Skulnik and Zegans also represented Lanvin. Michael Leifer and Isabel Solmonson Cohen of Runyon New York represented John Elliott and Zadig & Voltaire, while Michael Yadgard of Compass represented Officine Generale.

“These deals represent a return to retail on Madison Avenue,” said Skulnik, vice chairman, partner and manager of RIPCO’s Manhattan office. “The deal volume was suppressed prior to the pandemic, and it continued through 2022 until recently. Many buildings were looking for new tenants and pricing. With the push for new luxury brands, we were able to lease the building to a mix of fashion retailers.”

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About Paul Bubny

Paul Bubny serves as Senior Content Director for Connect Commercial Real Estate, a role to which he brings 13-plus years’ experience covering the commercial real estate industry and 30-plus years in business-to-business journalism. In this capacity, he oversees daily operations while also reporting on both local/regional markets and national trends, covering individual transactions across all property types, as well as delving into broader subject matter. He produces 15-20 daily news stories per day and works with the Connect team and clients to develop longer-form content, ranging from Q&As to thought-leadership pieces. Prior to joining Connect, Paul was Managing Editor for both Real Estate Forum and GlobeSt.com at American Lawyer Media, where he oversaw operations at both publications while also producing daily news and feature-length articles. His tenure in B2B publishing stretches back into the print era, and he has served as Editor in Chief on four national trade publications. Since 1999, Paul has volunteered as the newsletter editor of passenger rail advocacy groups (one national, one local).

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