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Giorgio Armani/ Photo credit: SGP Giorgio Armani/ Photo credit: SGP

NEW YORK CITY—Designer real estate makes a splash. The Armani Group and SL Green Realty Corp. are redeveloping the 97,000 square-foot building at 760 Madison Ave. which currently houses a Giorgio Armani boutique. It will be home to a new flagship Giorgio Armani retail store and 19 luxury residences with interiors designed by Giorgio Armani. As “live, work and play” is the trend in today’s real estate—the famous Italian designer will take up residence upstairs when the construction is completed.

Betsy Kim

Betsy Kim was the bureau chief, East Coast, and New York City reporter for Real Estate Forum and GlobeSt.com. As a lawyer and journalist, Betsy has worked as the director of editorial and content for LexisNexis Lawyers.com, a TV/multi-media journalist for NBC and CBS affiliated TV stations in the Midwest, and an associate producer at Court TV.

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