Michael Kors has finally snagged a prime Fifth Avenue location at Rockefeller Center.
The fashion retailer has signed a 10-year lease for the just shuttered Kenneth Cole store in Rockefeller Center’s 610 Fifth Ave., which also adjoins the Channel Gardens. Kenneth Cole wrapped its last accessory on Monday.
The shop has 4,500 square feet on the ground facing Saks Fifth Avenue and just under 3,000 square feet along the popular underground shopping concourse.
Ground floor asking rents on that stretch of Fifth Avenue between 49th and 59th streets range from $2,100 to $2,500 per foot, according to the Real Estate Board of New York’s 2010 fall retail report.
Michael Kors already has three locations along Madison and one each on Prince and Bleecker streets. The designer is a favorite of Melania Trump, among other celebs.
Kenneth Cole has four other Big Apple locations, including Grand Central Terminal, 95 Fifth Ave., 130 E. 57th St. and SoHo, although more stores are slated to be closed.
No brokers were involved on the Michael Kors side and there was no comment from Rock Center’s Tishman Speyer Properties.
