NEW YORK CITY-MAC Cosmetics, a subsidiary of Estee Lauder, is planning to lease a small store in Manhattan for $3,000 per square foot. The popular makeup company is in talks to lease 1,400 square feet at 691 Fifth Avenue.
Vornado Realty Trust is the owner of the Fifth Avenue building. Elizabeth Arden currently occupies the space MAC Cosmetics is intending to lease. MAC is already occupying space at 1540 Broadway, owned by Vornado. For the full story, go to New York Observer .
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