by Liam La Guerre

Bulgari has signed a 23,167-square-foot lease to relocate its offices to 555 Madison Avenue, also known as The Coates Building. The high-end Italian jeweler will occupy the entire ninth floor of the property between East 56th and East 55th Streets as a result of the 15-year lease, according to a press release from Cushman & Wakefield.

Bulgari is moving its offices from three blocks north at 625 Madison Avenue between East 58th and East 59th Streets. The asking rent in the deal was $67 per square foot, according to The New York Post, which first reported news of the lease.

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Source: https://commercialobserver.com/