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1400 Broadway/ photo: Google Maps Signature Bank leases three floors at 1400 Broadway/ photo: Google Maps

NEW YORK CITY—Signature Bank is moving into three floors at Empire State Realty Trust’s office tower at 1400 Broadway. The property is located in the increasingly popular area of Midtown and the Garment District, between W. 38th and W. 39th streets. The New York Post first reported on the New York-based bank’s lease terms. An Empire State spokesperson tells GlobeSt.com that the lease is for 15 years, confirming that the asking rent was $64 per square foot for the 35,893 square-foot sixth and seventh floors and $67 per square foot for the 19,394 square-foot 27th floor.

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Betsy Kim

Betsy Kim was the bureau chief, East Coast, and New York City reporter for Real Estate Forum and GlobeSt.com. As a lawyer and journalist, Betsy has worked as the director of editorial and content for LexisNexis Lawyers.com, a TV/multi-media journalist for NBC and CBS affiliated TV stations in the Midwest, and an associate producer at Court TV.

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