Coach Pours $750M Into Hudson Yards Project For New HQ

Law360, New York (April 10, 2013, 1:18 PM EDT) -- The south tower of New York's highly touted Hudson Yards development is more than 80 percent leased, with high-end handbag maker Coach Inc. putting up $750 million to anchor the 1.7-million-square-foot Manhattan office building, the company said Wednesday.

Along with Coach's investment, the U.S. offshoot of French cosmetics giant L'Oreal SA and German software company SAP AG also announced Wednesday that they have leased out several floors apiece to serve as the home base for the respective U.S. operations. The tower will be located at 30th...
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