Ralph Lauren is increasing its waist size at RXR Realty’s Starrett-Lehigh Building.
The high-end designer is upping its foothold by 60,000 square feet so it and a subsidiary can spread out in the building, Crain’s New York Business reported. Ralph Lauren and Club Monaco, the offshoot brand, now have more than 100,000 square feet at the 20-story structure officially at 601 West 26th Street at the corner of 11th Avenue.
Asking rent in the building ranges from the $50s to $70s per square foot, Crain’s reported.
Savills Studley’s David Goldstein represented Ralph Lauren in the deal. The brokerage declined Commercial Observer’s request for comment via a spokeswoman. Scott Rechler, the chairman and chief executive officer of RXR, did not immediately respond to a request for comment via email...Ralph Lauren Expands Its Fabric at Starrett-Lehigh
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