Cadwalader Advises on New York’s Madison Avenue Retail Property Sale

October 14, 2020

Cadwalader is advising the sellers in the sale of three prime retail properties on New York’s Madison Avenue, a transaction reported in The Wall Street Journal. The transaction involves the $45 million purchase by Swiss luxury clothing retailer Akris of three properties that are located between East 69th and 70th streets, and include three ground-floor retail spaces and a combined 15 residences on the floors above. The closing is expected to occur in the fourth quarter.

The Cadwalader team includes senior counsel Fred Altschuler, partner Steven Herman and special counsel Michael Anglin.



Our latest podcast covers the legacy of the “Car Wash” investigation and how Brazil fits into the global landscape of white-collar crime enforcement.

To assist individuals in working from home during the coronavirus social-distancing period, Cadwalader is providing clients and friends free access to our legal research platform, the Cadwalader Cabinet.