Hugo Boss is moving its North American headquarters to the Financial District. Its new 73,690-square-foot space at 55 Water Street will include the entire 48th floor as well as nearly 5,000 square feet of sublevel space, according to CBRE. The fashion giant’s offices are currently at RXR Realty’s Starrett-Lehigh Building at 601 West 26th Street.
Greg Taubin of Savills Studley represented Hugo Boss in the transaction, according to the New York Observer. The asking rent for the space was $54 per square foot.
George Acero, an executive at landlord New Street Water Corp., an entity controlled by the Retirement Systems of Alabama, said in a statement to the newspaper that “TAMI [or technology, advertising, media and information technology companies] and fashion companies are attracted to the excitement that is being generated Downtown. [NYO] — TRD