German fashion brand Hugo Boss is in talks to grab 70,000 square feet of office space at 55 Water Street, one of the city’s biggest commercial properties.
The tenant is close to signing a lease at the 3.8 million-square-foot, 53-story property, owned by Retirement Systems of Alabama. It is also considering 100,000 square feet at the Durst Organization’s One World Trade Center. Hugo Boss offices would be relocated from the Starrett Lehigh Building at 601 West 26th Street in Chelsea.
Savills Studley is representing the tenant, while CBRE is representing the landlord, Crain’s reported.
The city’s Health and Hospitals Corporation grabbed 240,000 square feet there last year, as previously reported. [Crain’s] — Mark Maurer