Archive · 23 Jul 2026
Ralph Lauren's Polo Bar in Talks to Move to New Office Tower
Ralph Lauren's Polo Bar, a famous restaurant in New York, is talking about moving to a new office tower at 625 Madison Avenue.
The developer, Related Cos., is building this tower and wants to attract big companies like General Atlantic and Veritas.
They think having a famous restaurant like Polo Bar will make their building more attractive to these companies.
The new tower is expected to be finished in 2029, and the rents for the upper floors could be very high, between $200 and $400 per square foot.
This is part of a trend where landlords use famous restaurants to make their buildings more desirable.
Ralph Lauren's Polo Bar is in talks to move to a new office tower at 625 Madison Avenue.
The developer, Related Cos., is building the tower and aims to attract high-profile tenants.
The tower is scheduled to be completed in the summer of 2029.
Proposed rents for the upper floors are between $200 and $400 per square foot.
Landlords are using destination restaurants to attract tenants and justify higher rents.
- Who
- Ralph Lauren, Related Cos., General Atlantic, Veritas
- What
- Polo Bar is in talks to move to a new office tower at 625 Madison Avenue.
- When
- The tower is scheduled to be completed in the summer of 2029.
- Where
- The new location is at 625 Madison Avenue, New York.
- Why
- Landlords are using destination restaurants to attract high-profile tenants and justify higher rents.
Landlords
Tenants
Importance of Destination Restaurants
Landlords
Landlords view destination restaurants as critical branding tools that attract high-profile tenants and justify higher rents.
Tenants
Tenants value buildings with amenities like gyms and rooftop terraces, and see destination restaurants as a significant perk.
- Restaurant
- Polo Bar
- Developer
- Related Cos.
- Current Location
- East 55th Street, New York
- Proposed Location
- 625 Madison Avenue, New York
- Completion Date
- Summer 2029
- Anchor Tenant
- General Atlantic
- Average Midtown Office Rent
- $85 per square foot
- Proposed Rent for Upper Floors
- $200 to $400 per square foot