LVMH shuffles Midtown office, retail spaces

LVMH Shuffles Midtown Office, Retail Spaces

French luxury goods conglomerate LVMH is making office and retail moves in Midtown.

There’s a lease out for the company to move its American headquarters to Olayan Group’s 550 Madison Avenue, the New York Post reported. It will be relocating from its digs at 19 East 57th Street.

Should a long-term lease be finalized, LVMH will occupy 150,000 square feet of Olayan’s redesigned tower with an asking rent of $190 per square foot.

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