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Polo Ralph Lauren Moving To LIC: Report

Factory

Jan. 29, 2016 Staff Report

A major clothing line will now be a tenant in Long Island City.

Polo Ralph Lauren has signed a lease to take over 19,000 square feet on a lower level floor in The Factory, located at 30-30 47th Ave., Commercial Observer reports.

According to Commercial Observer, Polo Ralph Lauren has signed a nine-year lease to operate out of this location.

The belief is that the clothing company will use this space as a photo studio for its products.

Macy’s signed a lease to do the same last summer.

The company took over 150,000 square feet in The Factory to use for photographing merchandise.

The Factory is about 1-million-square-feet and is owned by a partnership comprised of Atlas Capital, Square Mile and Invesco.

Neither Polo Ralph Lauren nor The Factory was available to comment

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Hmmmmm

Yes, actually. There are incentives depending on how many employees they have within the space and some other factors too.

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