Real Estate Weekly
Domenico Vacca retail space to have private club, apartments
Celebrity designer Domenico Vacca has released the first renderings of his new $20 million flagship “destinationˮ off Fifth Avenue.
Vacca has leased the full building from Assa Properties to create an 8,000 s/f store as well as a private café, barber shop, beauty salon, members-only club, and luxury long-term stay apartments.
“This building is a mecca of extravagance and comfort, each aspect and detail a labor of love,” said the designer.
“For the new retail space, I wanted to create a place that is not just a storefront, but a destination that draws people in to connect, shop, and relax, reviving the in-store shopping experience.”
The building at 15 West 55th Street was purchased Solly Assa’s Assa Properties for $36 million in 2013 when it was described as a “nine-story 56,005 s/f property with 36 residential units and 5,000 s/f of retail space.ˮ