1660 Madison Avenue

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1660 MADISON AVENUE

 

NEW YORK, New York, March 3, 2008  – Urban American has named Admiral Real Estate Services Corp. as exclusive leasing agent for 7,000+ square feet of retail space at Madison Avenue and 110th Street.

 

In addition to 7,000+ square feet of ground floor retail, a further 3,000+ square feet of below grade space is available.  The building has a full block of frontage along the west side of Madison Avenue, as well as frontage on both 110th and 111th Streets.  The landlord plans to provide new and modernized storefronts as part of its fenestration replacement for the building, and may be able to divide the space into two stores, each with a corner location on Madison.

 

1660 Madison Avenue is only one block from the new site of the Museum for African Art on 110th Street and Fifth Avenue, which broke ground September 2007 for an expected 2009 completion.  In addition to exhibition space for the Museum for African Art, this new development will contain a theater, year round roof garden for events, interactive education center, restaurant and gift shop, as well as 150 high-end condominium units above.

 

The building owner, Urban American, is a real estate investment and management company which owns and operates workforce apartment units in the New York Metropolitan area.  Urban American manages over 150 properties in the New York metro area.

 

Admiral Real Estate Services Corp is a full-service leasing, property management and advisory firm. Based in Westchester, the company currently manages and/or leases a portfolio of over 75 retail, office, residential and development properties in the New York metropolitan area.

 

 

CONTACT:

Jonathan Gordon

Admiral Real Estate Services Corp.

(914) 779-8200 p

(914) 779-8215 f

jgordon@admiralrealestate.com

www.admiralrealestate.com