The Real Deal New York

Landmark co-op gives first retail lease in 60 years to perfumery

April 24, 2009 06:42PM
By David Jones

alternate textEditions de Parfums and 898 Madison Avenue

Editions de Parfums Frederic Malle, the French perfume retailer, has signed a 10-year lease for its U.S. flagship store at 898 Madison Avenue, a landmark co-op residential building on the Upper East Side.

The deal represents the first time in 60 years that the building, originally designed by Rosario Candela and Mott B. Schmidt, has offered this space for retail use. The space had been used for medical offices.

Editions de Parfums previously only sold its U.S. product line through Barney’s New York retail locations across the country.

Alan Victor, executive vice president at Lansco, represented the owner, 19 East 72nd Street Corp.

Rob Teitelbaum of Ron Teitelbaum Properties represented Editions de Parfums in the transaction.

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