Designer, Issey Miyake, on the move

Real Estate Weekly, August 2, 2006

Rose Associates, Inc. has completed a lease with Issey Miyake at 802-804 Madison Avenue, located within the 20 East 68th Street building. The noted Japanese fashion designer signed a 10-year lease for 2,325 s/f at the property.

Bruce Spiegel, senior managing director with Rose Associates, Inc., represented the ownership entity, Storepark LLC, in the transaction. Stuart Ellman with Judson Realty represented Issey Miyake. The 20 East 68th Street building is located at the southwest corner of Madison Avenue and 68th Street. "Issey Miyake recognizes the value of a Madison Avenue location," said Spiegel. "The Madison Avenue corridor below 72nd Street is a premier location for the international designer community."

Issey Miyake is relocating his Upper East Side store from 992 Madison Avenue. The new store at 802-804 Madison Avenue is expected to open in the fall. The designer also has a store in Tribeca at 119 Hudson Street.

Miyake joins JM Weston shoes, Designs by Giuseppe Zanotti and kids retailer, Bonpoint, on the block.