Madison Avenue Business Improvement District
29 East 61st Street, 3rd Floor
New York, New York 10065
p.212.861.2055

Madison Avenue Welcomes 13 New Shops in First Half of 2019

July 11th, 2019   

NEW YORK, NY (July 11, 2019) — The Madison Avenue Business Improvement District (BID) today released its First Half 2019 report for new store openings on Madison Avenue between East 57th and East 86th Streets.

Between January 1 and June 30, 2019, the following new boutiques, galleries, spas & restaurants have opened on Madison Avenue:

Anine Bing (fashion & accessories): 838 Madison Avenue
David Benrimon Fine Art (fine art gallery): 41 East 57 Street, 2nd Floor
Johannes Vogt (fine art gallery): 958 Madison Avenue
JTAV Clinical Skincare (spa): 29 East 61 Street, 2nd Floor
La Fonde (cosmetics): 811 Madison Avenue
La Ligne (fashion & accessories): 996 Madison Avenue
Marky’s Caviar on Madison (gourmet food & restaurant): 1067 Madison Avenue
Monica Vinader (jewelry): 989 Madison Avenue
SEE Eyewear (eyewear): 1100 Madison Avenue
Sergio Rossi (shoes): 680 Madison Avenue
Skarstedt (fine art gallery): 19 East 64 Street
The RealReal (luxury resale): 870 Madison Avenue
What Goes Around Comes Around (luxury resale): 21 East 67 Street

Major Retail Projects Underway
Balenciaga – new flagship at 620 Madison Avenue
Carolina Herrera – redevelopment of flagship at 954 Madison Avenue
Giorgio Armani – new flagship & residences at 760 Madison Avenue
Hermès – new flagship at 706 Madison Avenue
Missoni – new flagship at 680 Madison Avenue

“Big players in the fashion, jewelry and art worlds are making big, long-term investments on Madison Avenue,” said Matthew Bauer, President of the Madison Avenue Business Improvement District (BID). “From Graff Diamonds purchasing their building at 710 Madison Avenue, to Celine opening a new flagship at 650 Madison Avenue, to the Skarstedt Gallery opening their second Madison Avenue location at 19 East 64 Street, the first six months of 2019 have put a punctuation mark on the fact that Madison Avenue is a core location in the world’s luxury marketplace.”

“An integral part of the character of Madison Avenue is that it is also home to smaller, independent, family-owned shops, and this first half of 2019 featured the opening of new locations of long-time Madison Avenue retailers Gentile’s Fine Foods at 1118 Madison Avenue, La Boutique Resale at 1132 Madison Avenue, and Traum Safe at 809 Madison Avenue” stated Bauer. “Luxury children’s wear brands also reinvested on Madison Avenue during this six-month period. Il Gufo developed a new flagship at 997 Madison Avenue, and Monnalisa renovated their existing location at 1088 Madison Avenue. “

“The growing trend of the circular, re-usable economy was in full force on Madison Avenue as luxury resale boutiques The RealReal and What Goes Around Comes Around joined our long-standing roster of consignment boutiques to make Madison Avenue the largest destination for vintage luxury apparel and accessories,“ Bauer remarked. “With La Ligne opening their first store on Madison Avenue, and by featuring new boutiques by emerging designers such as Anine Bing, Madison Avenue remains the place where new trends get their start.”

ABOUT MADISON AVENUE
Madison Avenue, on the Upper East Side of Manhattan, is North America’s largest luxury district. Featuring some of the most sought-after real estate in the world, Madison Avenue features the flagship boutiques of the finest European and American designers; celebrated restaurants; spas and salons for exclusive pampering; five internationally renowned hotels, over one hundred galleries, and The Met Breuer museum. Madison Avenue exhibits timeless elegance with a contemporary flavor that is distinctively New York.
Contact: Matthew Bauer, 212-861-2055, mbauer@madisonavenuebid.org
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