L'Oréal USA Relocates US Headquarters & Operations To Hudson Yards On NYC’s Westside
06/24/2016
According to company officials, over the next few months, 1,300 L'Oréal USA employees will occupy 10 floors of the building, spanning more than 400,000 square feet of the 1.8 million-square foot Platinum LEED designed Tower on Manhattan's West Side.
L'Oréal's pioneering role as Hudson Yards' second tenant signals the neighborhood's evolution into a dynamic new urban center that is set to become a cultural hub for New York City, officials said. Hudson Yards, developed by Related Companies and Oxford Properties Group, is the largest private real estate development in the nation's history, encompassing 17 million square feet of commercial and residential space. When complete in 2025, more than 125,000 people a day will either work in, visit or call Hudson Yards their home.
The majority of L'Oréal USA's corporate functions and brand teams including Essie, Garnier, Lancôme, La Roche-Posay, L'OréalParis, Matrix, Maybelline, Redken and SkinCeuticals will be housed at the 10 Hudson Yards building, a modern glass office tower nestled alongside the iconic High Line.
Approximately 150 employees, including creative teams from across L'Oréal USA's brand portfolio and The Body Shop, recently relocated to the nearby Terminal Stores building, a revitalized West Chelsea warehouse complex that used to be home to a transfer station for the New York Central Railroad.
"Hudson Yards and Terminal Stores have a dynamic and creative energy that aligns with the culture we are building at L'Oréal USA," said Frédéric Rozé, President/CEO of L'Oréal USA. "L'Oréal is a 107-year-old company with the heart of a startup. These two locations represent the new entrepreneurial spirit of Manhattan, and the spaces we've created are a modern new home for L'OréalUSA that will inspire the future of our company."
"L'Oréal USA has been a fixture in New York City for more than half a century and is one of the most innovative global consumer brands, using science and technology to redefine beauty. This culture of creativity and forward-thinking will thrive in the iconic 10 Hudson Yards tower, and we are thrilled to have them as one of our inaugural tenants," said Stephen M. Ross, Chairman/Founder of Related Companies. "Today is another milestone resulting from years of work and preparation for the development team, and we couldn't be more excited for the L'Oréal USA team to enjoy this amazing space at Hudson Yards."
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