Garrick-Aug team brokers Artbag lease at 1130 Mad

Real Estate Weekly, July 4, 2001

The leasing team of Faith Hope Consolo and Joseph Aquino of Garrick-Aug Worldwide, Ltd. assisted in the leasing of a new location for Artbag Creations at 1130 Madison Avenue, the Northwest corner of 84th Street.

The term of the lease is fifteen years for retail space of 1,700 SF.

Consolo, vice chairman, explains: "Artbag Creations is a Madison Avenue fashion institution for the New York cognoscenti. Artbag has been continuously in operation on the Avenue since 1932. It specializes in made-to-order handbags and reproductions from whatever leather or fabrication possible.

Customers are encouraged to provide their own, although the store offers a selection of over 200 colors and textures of superlative leathers, fabulous fabrics, and other exotic materials. The store also carries other fine leather goods from wallets, belts, and eyeglass cases to custom made domestic pet accessories for the often times most important members of one's family.

Not all Artbag's fame lies in their quality merchandise, but in their world-renowned expert repair services as well.

They will do almost any repair chore: change, lenghthen or shorten handles, reline, add inner pockets and stitch rips. Often, when one despairs with the idea of the end of a worn-out, but much favored, often expensive handbag, a trip to Artbag gives the accessory a second life. The workmanship in both the custom made merchandise and the repairs is above excellent and the prices are below what one would suppose."

Joseph Aquino, managing director, added, "Artbag needed a larger space and didn't want to leave the Avenue that has always been its home. Fortunately, we were able to assist them with 1130 Madison, which will give them the much-needed space in a great area, with retail neighbors such as Searle, Cashmere NY, Banana Republic, Nara Camiche, Little Eric for Kids, Purdy Opticians , Schweitzer Linens, Gymboree Clothing, Diana & Jeffries Clothing, Kimara Ahnert, William J. Greenberg Desserts, Ordnig & Reda, and the Metropolitan Museum of Art."

This particular retail space is in one of a row of houses designed and built by John Hemingway Duncan in 1892, about the same time he was working on the Soldiers' and Sailors' Monument Arch in Brooklyn and Grant's Tomb in Central Park. The Garrick-Aug leasing team represents the landlord exclusively.