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New York office tower bags anchor tenant

[Published November 2011 and last updated September 2026] A planned office space development in New York City has secured a crucial anchor tenant in luxury handbag maker Coach.

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The company’s commitment to the first building at the Eastern Rail Yard portion of the wider Hudson Yards regeneration scheme has been welcomed by everyone involved in the project, including developer Oxford Properties and New York Mayor Michael Bloomberg.

Coach, which is currently celebrating its 70th year of operating out of New York City, has agreed to occupy 600,000 square feet of office space at the Hudson Yards site on the West Side of Manhattan.

The area is historically important to the city and is being regenerated in part as a new, significant site for office space in New York.

Grade A offices at the Eastern Rail Yard tower will become Coach’s international headquarters. The building will include 1.7 million square feet of office space, and construction is scheduled to begin in mid-2012.

“Coach was founded as a maker of fine leather goods in a New York City loft, and we are honored to be the cornerstone of New York’s next great neighborhood,” said the company’s chairman and chief executive Lew Frankfort.

“Today’s news will have a domino effect on the rest of the development,” said Mayor Bloomberg.

“Coach, a quintessential New York brand and major employer in the City, has been part of the City’s economy for 70 years, and now they are leading the way to a vibrant future for Hudson Yards,” he added.

Investment and development group Oxford Properties is working with Related Companies to finance and deliver the expansive development projects planned for Hudson Yards.

Related already has office space schemes ongoing in a number of US cities including Chicago, Los Angeles, San Francisco and Boston. Oxford Properties meanwhile has its own office space presence in Toronto, London and New York.

Editor’s notes: As of July 2023, Coach Inc. (rebranded as Tapestry, Inc. in October 2017) remained in occupation at 10 Hudson Yards. At the time, its headquarters measured 720,000 square feet.

The company also had a store at 20 Hudson Yards.

The Hudson Yards scheme is the largest private real estate development in the history of the United States and is home to the New York headquarters of BlackRock, which committed to the scheme in 2016. The investment management and financial services company agreed to rent space at 50 Hudson Yards.

In 2019, WarnerMedia also agreed to rent 1.5 million square feet of office space over 27 floors at 30 Hudson Yards.

As of September 2026, Tapestry’s headquarters were listed as 10 Hudson Yards.

In May 2026, it had been reported that the office space element of Hudson Yards was fully occupied, counting among its major tenants investment firms BlackRock and KKR, Facebook parent Meta, and Coach parent Tapestry.



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