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New York

Stephen Ross’ wife to open jewelry shop at 655 Madison

Kara Ross, Stephen Ross and 655 Madison Avenue
Kara Ross, Stephen Ross and 655 Madison Avenue

Kara Ross, a jewelry designer and wife of Related Companies’ chairman Stephen Ross, signed a 600-square-foot lease at 655 Madison Avenue, where she plans to open a flagship store for her line.

Asking rent was $800 per square foot for the space, located on the East 60th Street side of the 24-story tower. Colliers International’s Andrew Roos and Michael Cohen, tri-state vice chairman and president respectively, represented landlord Plaza Madison Associates, while Laura Pomerantz of Pomerantz Real Estate represented Ross.

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Ronald Dickerman’s Madison International Realty owns an interest in the building, as previously reported. Other tenants include Ralph Lauren and Jones New York, as well as flagships for retailer DKNY and high-end shoemaker Schutz.

Ross also makes accessories for the White House to hand out to special visitors and employees, the Post said. [NYP] — Mark Maurer

Correction: An earlier version of this story incorrectly stated the square footage of the lease. It has been corrected to 600 square feet.

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Colliers InternationalStephen Ross