That space at 9-19 Ninth Ave. is almost triple the size of the new site. The company reportedly plans to open a flagship store there.
City records show Restoration Hardware signed a 15-year lease for 55 Gansevoort St., and Crain's New York reported that the company plans to open a 14-room hotel there, decked out with all of their own furnishings.
It will be the company's first hotel. There will also be a restaurant on the ground floor, according to Crain's.
The hotel would be just steps away from the High Line and across the street from Gansevoort Market, a luxury food hall that opened last year and is packed with pricey food stalls repping favorites from across the city, from Luzzo's pizza to a Tacombi taco truck.
Restoration Hardware did not immediately respond to a request for comment.