RFR has welcomed three new gallery tenants to its property
at 980 Madison Avenue.
Robilant + Voena, Edward Tyler Nahem, and The Hazen Polsky
Foundation have signed leases totaling 6,500 s/f at the property that’s 96
percent occupied by art-centric tenants.
The Upper East Side property has been associated with fine
art galleries since its inception in 1949 as the headquarters for Parke-Bernet
Galleries. Today, tenants include the Gagosian Gallery, Nahmad Contemporary and
Dickinson & Yoshii Gallery.
Joining them, Robilant + Voena is a partnership between Edmondo di Robilant and
Marco Voena which was established in 2000 to handle Old Master, Nineteenth
Century, Modern and Contemporary fine art. The tenant has offices in London,
Milan and Paris. 980 Madison is their first New York office.
Edward Tyler Nahem, established in New York in 1985, has
international reputation for exhibiting modern, post-war, and contemporary
works of art and is relocating from 57th Street. Nicholas Judson of Judson CRE
represented the tenant.
The Hazen Polsky Foundation, an arts-based not-for-profit is led by Cynthia Polsky, Leon Polsky and Nicholas Polsky. Deborah Kern of the Corcoran Group represented the tenant.
AJ Camhi and Ryan Silverman of RFR represented ownership in
the three lease transactions.
“The building has an
established identity as home to leading fine art galleries and now we are
seeing strong interest from family offices thanks to its cherished Upper East Side
location and chic design aesthetic,” said Camhi.
“These new tenants
reinforce the building’s reputation as one of the most sought after addresses
on the upper east side and we are excited to welcome them to the 980 Madison
The 100,000 s/f limestone block-front building is one block
from Central Park with some of the city’s most expensive residences, high-end
retailers and fine dining experiences within walking distance.
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