By Amy Zimmer
DNAinfo News Editor
MANHATTAN — The epitome of Downtown chic is heading up Madison Avenue.
Marc Jacobs will be moving into a Chase Manhattan Bank branch on the iconic avenue, his company’s International President Robert Duffy told Women’s Wear Daily on Friday.
Rumblings of an Upper East Side shop from the don of Bleecker Street had been consuming the retail fashion blogosphere. Though Duffy didn’t specify which Chase the Marc Jacobs shop would move into, Shophound speculates it’s a Colonial revival building at East 64th Street.
"There's only been one tenant in that space for 93 years. Once I find a space, I never give up on the space," Duffy told WWD.
He reportedly had been watching that spot for four years and said that it will take some time before the store opens.
Madison Avenue has been having a resurgence of late.
There were more than 20 vacant storefronts at Madison Avenue not too long ago, Joanne Podell, an executive vice president at Cushman & Wakefield real estate firm, told DNAinfo last month. Now there are about six.
