New York & Tri-State + Uptown/Bronx + Retail | January 28, 2019

SL Green, Armani to Partner on Boutique Store with Apartments

The Armani Group and SL Green plan to redevelop the Giorgio Armani boutique at 760 Madison Ave. on Manhattan’s Upper East Side. The redesigned 97,000-square-foot building will contain a new flagship Armani retail boutique and 19 Armani-designed residences, one of which will be occupied by the designer.

SL Green Realty Corp., which took control of 760 Madison in 2012, will lead the development in collaboration with Armani Group. “Armani’s commitment to Madison Avenue and New York City is unwavering, and the brand’s leadership will preserve all that we, as New Yorkers, love about the Upper East Side of Manhattan,” said SL Green CEO Marc Holliday.

Architecture firm CookFox will design the building, which is intended to be in harmony with the Madison Avenue streetscape. The plan will require Landmarks Preservation Commission approval. Construction is expected to begin in 2020, and be complete in 2023.

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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).