If work-from-home spells the inevitable future, anyone forgot to inform Ralph Lauren Polo.
The style giant just renewed its lease on a long-term basis for 250,000 square feet of offices at RXR’s Starrett-Lehigh Constructing — greater than ten percent of the two.3 million square-foot, industrial-era leviathan.
RXR managing director Bill Elder couldn’t speak for Ralph Lauren specifically. But he said he’s seen a “big population increase” at your entire constructing this yr.
The mammoth streamlined structure between Eleventh and Twelfth avenues and between West twenty sixth and West twenty seventh streets is greater than seventy percent leased.
Elder attributed its appeal to greater than 100,000 square feet of amenities including Marcus Samuelsson’s Hav + Mar restaurant (which is “doing phenomenally,” Elder said), the Olly Olly food hall and the 601 Athletic Club.
Rents range from the low $60s to the upper $70s per square foot.
The Starrett-Lehigh Constructing is greater than seventy percent leased.Steve Whittaker
Other Starrett-Lehigh tenants include OXO, Johnson & Johnson and Fashionphile, which sells “pre-owned, ultra-luxury accessories,” in response to its website.
CBRE’s Eric Deutsch and Ken Myerson represented Ralph Lauren while RXR’s Dan Birney repped the owner in-house.