I think we can agree on this for once and for all... this is the first tower of Hudson Yards, if you don't know.
One of the rumored companies that is looking at Related's Hudson Yards project is Ralph Lauren, however Ralph Lauren is not prohibited to lease in the North Tower for their HQ.Related Companies has Coach as an anchor at its Hudson Yards mega-project because it signed off on a demand not to lease any space to competitors of the handbag heavyweight. Coach made the no-competitor condition after it bought 740,000 square feet in the development’s Tower C, or the South Tower.
Related heard from Coach after L’Oreal grabbed 402,000 square feet of the 1.7-million-square-foot building. The lease rider prohibits Related from leasing office or retail space to at least eight competitors, including Polo Ralph Lauren Corp., J. Crew Group and Burberry Group.
As a RL corporate employee, I would love for us to move to Hudson Yards. We currently operate out of roughly 11 buildings scattered all around Manhattan, which is ridiculously inconvenient. I can't tell you how much time and money we throw away annually on cab/train rides between meetings.Coach demands rival-free Hudson Yards – and Related agrees
At least eight stores, including Polo Ralph Lauren, are not welcome in South Tower
http://therealdeal.com/blog/2013/09/16/related-keeps-coach-at-hudson-yards-by-banning-handbag-rivals/#comments
One of the rumored companies that is looking at Related's Hudson Yards project is Ralph Lauren, however Ralph Lauren is not prohibited to lease in the North Tower for their HQ.
My questions is what portion does the Mall/ Retail part belong to? The South Tower or the North Tower? If it is indeed part of the South Tower (Coach) then Ralph Lauren would be prohibited to set up a retail store there. That would effectively kill any hopes for Ralph Lauren looking for a new home in the Hudson Yards IMO.
Maybe RL may very well end up setting it's HQ in one of the WTC towers instead if they decide to move from their Madison offices.
The Hudson Yards construction team is growing. A record 242 on site today. Whoa!