Winick Realty Group Leases Madison Avenue Storefront to Olive & Bette’s
Women’s fashion boutique Olive & Bette’s has signed a lease to relocate their Upper East Side shop. The brand is set to occupy 1,206 square feet of ground-floor retail at Brodsky Organization’s 1156 Madison Avenue, located between East 85th and 86th Streets.
“Ownership was familiar with the brand and their great track record of serving the Upper East Side for more than a decade,” said Winick Realty Group President Steven E. Baker, who represented landlord Brodsky Organization along with Winick Realty Group Director Charles Rapuano and Associate Daniyel Cohen. “They knew that Olive & Bette’s would be a great amenity for the building and an excellent addition to the high-end retail offerings in the neighborhood.”
This new location is expected to open in Q1 2017, with Olive & Bette’s expecting some overlap between this store and the one at 1070 Madison Avenue, which is closing. Olive & Bette’s joins Dean & Deluca at 1156 Madison Avenue, which has high-end residential units in the floors above the retail.
With more than 30 feet of Madison Avenue frontage, Olive & Bette’s is poised to draw foot traffic coming from nearby Central Park, Metropolitan Museum of Art and Fifth Avenue’s Museum Mile, not to mention commuters utilizing the nearby 86th street subway station.
“We are happy to have Olive & Bette’s join the retail at 1156 Madison Avenue and we are confident they will be a great addition to this high-end neighborhood,” said Alexander Brodsky, Principal at Brodsky Organization.
Olive & Bette’s was represented by Chris Owles of Sinvin.
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Winick Realty Group is one of New York’s prominent real estate firms specializing in retail leasing and advisory services. Over the years, Winick Realty has served a broad range of domestic and global clients, with a strong emphasis on long-term representation and expansion and growth strategies. Winick Realty Group is highly recognized as a forerunner in the retail real estate market.