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| 555 Madison Avenue, Manhattan, New York |
NEW YORK, April 24, 2014 – Piquet Realty, a leading luxury
real estate firm with offices in Miami and Orlando, known for their deep ties
to the high-end Brazilian investor community, has announced the signing of a
new lease at The Coates Building, located at 555 Madison Avenue.
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| Cristiano Piquet |
The company will utilize the space to grow their New York
presence. The firm’s expansion plan includes accommodating roughly 100 agents
at this location.
“It is with extreme enthusiasm that we sign this lease at
555 Madison Avenue,” said Cristiano Piquet, President, Piquet Realty.
“This building, in a prime Manhattan location, gives us the base for our
planned expansion in the New York market.”
This news comes on
the heels of the recently announced acquisition of Portman Realty, Inc.,
the New York-based luxury residential and commercial real estate firm and
management company headed by Benjamin Benalloul.
“This is an exciting
time for Piquet Realty and we are ready to fully embrace the New York market,”
said Benjamin Benalloul, Vice President, Piquet Realty. “Signing this
lease represents our commitment to the New York clientele we are eager to
serve.”
The recently
announced acquisition of Portman Realty, Inc. has enhanced the portfolio of
properties the firm will represent in New York.
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| Benjamin Benalloul |
One of the premier listings include billionaire businessman Alexander
Rovt’s 12,000-square-foot Upper East Side townhouse, complete with an
attached garage and a subterranean spa floor, a prime commercial building on
Water Street and a number of exclusive commercial properties in Long Island
City. Mr. Piquet and Mr. Benalloul
together form a powerhouse team that will lead business development efforts in
all locations.
“This is a step in the right direction for the Piquet Realty
team,” elaborated Cristiano Piquet.
555 Madison, owned by the Coates family since it was erected
in 1961, became the first building in its district in 2011 to install a “green”
hot water heating system. Along with the work that is ongoing to improve the
building’s environmental sustainability, 555 Madison is also in the process of
an aesthetic transformation.
For a complete copy of the company’s news release, please
contact:
Rubenstein Public Relations
Kelly Ferraro
Tel: 212-843-8295
Email: kferraro@rubensteinpr.com
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