Leases  ·  Retail

Carlyle Hotel Retail Space Hits the Market

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A 1,068-square-foot ground-floor retail space at The Carlyle hotel has hit the market. It is available for a long-term lease starting on May 15, 2016, according to RKF marketing materials, and is currently home to H.M. Luther Antiques.

The ground-floor space is adjacent to the hotel entrance at 35 East 76th Street between Park and Madison Avenues. RKF’s Robert Futterman, Beth Rosen and Jackie Totolo are the listing agents. RKF declined to comment via a spokeswoman. Broker Faith Hope Consolo of the Douglas Elliman retail team, who has nothing to do with the listing, said the space will likely go for $1,000 per square foot.

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Retail tenants in the building include a restaurant, a bar and French luxury leather accessories brand Perrin Paris. Perrin Paris is in over 500 feet on the ground floor in a five-year lease at $1,060 per square foot, Commercial Observer reported in November 2011.

This summer, the iconic hotel put dozens of its luxury hotel suites up for rent for the first time ever, as the New York Daily News reported at the time. Prices were reported as starting at $12,750 per month for a one-bedroom studio. There are also residential co-op units in the building.

Built in 1930, the Carlyle rises 35 stories and amasses 294,142 square feet. It has 191 rooms and suites, the hotel website indicates. The building is owned by the Family of Hong Kong billionaire Cheng Yu-tung, which paid $127.5 million for the hotel in January 2001, according to CoStar (CSGP).