Steve Cuozzo

Steve Cuozzo

Business

Luxury brands Vera Wang, Frato bring new energy to East Midtown’s 500 Park Ave.

Reflecting the new energy in East Midtown, two major luxury names are coming to 500 Park Ave. at Ea♍st 59th Street, which consists of the 11-story former Pepsi-Cola building and a 40-story condo tower.

Vera Wang signed a 26,708 square-foot office lease, moving uptown from East 26th Street. The fashion designer will have office and showroom space on the entire fifth floor and paꦕrt of the seventh floor.

Meanwhile, Portuguese-founded luxury furniture ꦗand interior accessories brand Frato will launch its first New York store with 4,641 square feet at street level on the 59th Street corner.

Vera Wang will have space on the entire fifth floor and part of the seventh floor.
Vera Wang will have space on the entire fifth floor and part of the seventh floor. JLL

JLL’s Cynthia Wasserberger, Frank Doyle and Michael Pallas represen☂🍬ted the landlord in the Vera Wang lease. Savills’ Jeff Peck, Daniel Horowitz and Christopher Foerch repped the tenant.

Frato was repped by Sinvin’s Peter Weisman while the landlord was repped bꦺy Ripco’s Gene Spiegelman and Cushman & Wakefield’s Michaeꦅl Azarian and James Ariola.