Jul 24, 2026
Polo Bar Plans Move to Related’s New Madison Avenue Tower in 2029
The Polo Bar will relocate to Related Companies' 625 Madison Avenue development, projected to open in 2029, with several years of free rent offered to secure the move.
Traded Editorial
- The Polo Bar is expected to relocate from its longtime Midtown Manhattan location to Related Companies' upcoming 625 Madison Avenue development.
- The new mixed-use tower is currently under development and is projected to be completed in 2029.
- According to reports, Related is offering several years of free rent to secure the move while also exploring a Palm Beach expansion for the restaurant.
What the Move Means for Madison Avenue
One of Manhattan's most recognizable dining destinations is preparing for a major relocation. According to the New York Post, The Polo Bar, Ralph Lauren's iconic Midtown restaurant, plans to leave its current home after nearly a decade and move into 625 Madison Avenue, a new mixed-use tower being developed by Related Companies. Although the new building is still under construction, the move is expected to position The Polo Bar as one of the flagship retail and hospitality tenants when the development opens in 2029.
What Related Is Offering to Secure the Deal
Landing a high-profile tenant like The Polo Bar appears to be a strategic priority for Related. Reports indicate the developer is offering multiple years of free rent as part of the lease agreement, highlighting the value that luxury retail and destination restaurants bring to premier office and mixed-use developments. Securing an internationally recognized brand could help attract additional luxury retailers, office tenants, and visitors to the project once it opens.
What This Says About Luxury Real Estate
The planned relocation reflects a broader trend among developers using flagship restaurants and luxury brands to anchor premium office and mixed-use properties. Destination dining has become an increasingly important amenity, helping create activity beyond traditional business hours while strengthening a property's long-term appeal. The report also notes that Related Companies is exploring a future Palm Beach location for The Polo Bar, signaling continued expansion of the restaurant's luxury hospitality brand beyond New York City.