Colliers has secured a long-term lease for Italian furniture designer Rimadesio at 102 Madison Avenue in New York City.
A retail team led by executive managing director Tom Citron along with associate Robin Dinkin represented the landlord, A. Ruth & Sons, in the transaction.
Rimadesio’s new store will occupy 6,204 s/f at the building with its operations and showroom being divided across two levels. The location will serve as Rimadesio’s New York City flagship store and will be the company’s first location in Manhattan.
“As the pandemic has forced us to spend more time at home than ever, people have been investing in upgrading their home offices and personal spaces, which has been great for high-end furniture makers,” said Dinkin.