Polo Ralph Lauren store on Madison Avenue to get new look

Polo Ralph Lauren will temporarily relocate while it expands and possibly replaces its store at Madison Avenue and 72nd Street. Friedland Properties plans to demolish the two-story, 10,000-foot structure and build a new four-story 20,000-square foot Beaux Arts-style building. The plan needs zoning and Landmarks Commission approvals. A neighboring townhouse at 22 East 72nd Street is also owned by Friedland and is being vacated by art galleries. Polo will set up shop at an 11,000-square foot store at 1055 Madison Avenue and 80th Street.