NEW YORK CITY—Ralph Lauren has signed on forapproximately 60,000 square feet of additional space at theStarrett-Lehigh Building on 11th Avenue and West26th Street, according to Crain's New York Business. Itwill expand its office and give subsidiary Club Monaco—which hasits global headquarters at the 20-story building—more space. Intotal, Ralph Lauren and Club Monaco will occupyabout 100,000 square feet in the 2.3 million-square-footbuilding.

The details of which company will occupy what portions of thenew space are still being worked out, sources familiar with thedeal tell Crain's. David Goldstein, abroker at Savills Studley, represented RalphLauren in the deal. Savills Studley declined to comment toGlobeSt.com. Landlord RXR Realty represents itselfin-house for leasing agreements. Representatives of the firm didnot respond to GlobeSt.com's request for comment by presstime.

The Starrett-Lehigh Building is no stranger to fashion tenants.Its the home of Tommy Hilfiger's New Yorkoperations, and German fashion brand Hugo Boss hada large showroom there for several years before recentlyrelocating downtown. Rents at Starrett-Lehigh range fromthe $50s to the $70s per square foot, depending on the floor.

Continue Reading for Free

Register and gain access to:

  • Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

Rayna Katz

Rayna Katz is a seasoned business journalist whose extensive experience includes coverage of the lodging sector, travel and the culinary space. She was most recently content director for a business-to-business publisher, overseeing four publications. While at Meeting News, a travel trade publication, she received a Best Reporting award for a story on meeting cancellations in New Orleans during Hurricane Katrina.