Andrew Schulman is a Principal of Capricorn and oversees our High Street and Project Leasing division. He is an industry veteran with over 35 years of shopping center leasing experience with national and international developers including Westfield, Inc., Thor Equities and the UK based McArthurGlen
Brands I Currently Represent
Properties I Represent
The demand by retailers for space on Madison Avenue remains very strong. The interest is mainly from high end jewelers and luxury and contemporary brands. Recent deals include:
753 Madison Avenue (NE Corner 65 St)-Frank & Eileen
Signed Q3, 2025
761 Madison Avenue (65/66 midblock)-Cult Gaia
Signed Q4, 2025
789 Madison Avenue (SE corner at 67)-Pasqual Bruni Jewelers
Q3, 2025
892 Madison Avenue (72nd St) Thom Browne Men’s & Women's (separate shops)
Q2, 2025
1013 Madison Ave (78/79 St)-Doen
Signed Q3, 2025
1133 Madison Avenue (84/85 St)-Favorite Daughter
Signed Q3, 2025
Please let me know if you would like more information regarding market rents, etc.
Charles Tyrwhitt, a British menswear brand, has signed a long-term lease to move its Madison Avenue store up the street. The 3,800-square-foot space, located at 477 Madison Ave., was previously occupied by Express.
Charles Tyrwhitt will be relocating its 1,800-square-foot store at 377 Madison Ave. to this new address in the third quarter. Asking rent was $400 per square foot.
Founded in 1986 by Nick Wheeler, the British menswear brand specializes in high-quality, timeless clothing, according to the statement. This will be its sixth Manhattan location.
Luxury brand Loewe has signed a lease to open a multi-level store of approximately 14,000sf at 694-696 Madison Avenue. This area, between 62nd & 63rd is considered the strongest part of the Madison Ave for luxury brands as it sits next to the Hermes flagship.
A very interesting article from Forbes on why jewelers have gravitated to upper Madison Avenue. Maybe less footfall than 5th Avenue, but a more focused shopper, both international and local, who is ready spend.
An blub from an article from NY Magazine about the new retail stores on Madison Avenue, between 69th Street to 81st Street.
https://nymag.com/strategist/article/upper-east-side-madison-avenue-new-stores.html
Below-grade work is rapidly progressing at 1122 Madison Avenue, the site of an 18-story residential building on Manhattan’s Upper East Side. Designed by Hill West Architects and developed by Legion Investment Group and Nahla Capital, the 210-foot-tall structure will span 86,000 square feet and yield 22 condominium units with an average scope of 3,500 square feet. The property is alternately addressed as 22 East 84th Street and located at the corner of Madison Avenue and East 84th Street.