Starrett-Lehigh Building Retains Anchor Tenant

High-end fashion brand Ralph Lauren recently secured a renewal at the Starrett-Lehigh building, 601 West 26th Street. The deal will retain the 2.3 million-square-foot tower’s anchor tenant on a long-term basis; however, the 250,000-square-foot signing represented a significant downsizing from the approximately 350,000 square feet Ralph Lauren leased in 2018. Asking rents at the Chelsea building that spans the entire block of 11th And 12th Avenues between West 26th and 26th Streets range from the low-$60s per square foot to the upper-$70s per square foot. Tenants enjoy more than 100,000 square feet of amenities including Marcus Samuelsson’s Hav + Mar restaurant, the Olly Olly food hall, and the 601 Athletic Club.