Insignia/ESG retail group senior managing director Andrew Goldberg represented Mallett in negotiating the 25-year lease at 929 Madison Ave. Judy Brener Esq. acted on behalf of the estate of Sol Goldman, the building's owner. Details of the transaction have not been disclosed.
"Not only did our client require a premier address, but a space that was conducive to displaying its exquisite antique furniture and decorative items," says Goldberg. "Madison Avenue is certainly New York's equivalent to Bond Street in the West End." Mallett runs an operation with 12 showrooms and galleries at 141 New Bond St. Its second London location is the former home of the 2nd Duke of Westminster at 2 Davies St. in Mayfair.
Mallett CEO Lanto Synge echoed Madison Avenue's parity with London's premier shopping area. "We are thrilled that our presence in America will be on Madison Avenue, New York's most fashionable street, in a stunning building that is ideal for the display of our works of art. Our philosophy is that each piece of antique furniture should play a role in creating the beauty of an interior. That way, the uniqueness of individual pieces is enhanced by the whole."
Established in 1865 in Bath, England by John Mallett, a jeweler and silversmith, Mallett later expanded into antique furniture and moved to Bond Street in 1910. Pieces acquired from Mallett have found homes in museums and private collections worldwide. In particular, London's renowned Victoria and Albert Museum possesses more than 50 pieces which at one time or another formed part of Mallett's inventory.
In addition to antique furniture, Mallett sells glass, crystal, and English and Continental school paintings from the 17th and 19th centuries as well as accessories such as lamps and low tables.
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