Signature Bank Expands Presence at 1400 Broadway
Now, with the 26th-floor lease, Signature Bank's square footage at 1400 Broadway totals 111,872 square feet.
NEW YORK CITY—Signature Bank, which earlier this year signed a lease deal for three floors at the building, has signed another full floor lease at 1400 Broadway, increasing its presence at the office tower to nearly 112,000 square feet.
Empire State Realty Trust Inc., the owner of 1400 Broadway, reports that Signature Bank has inked a lease for an additional 20,691square feet on the 26th floor of the 37-story tower building that contains 929,405 rentable square feet.
In late September, Signature Bank signed a 91,181-square-foot full floor lease for the sixth, seventh and 27th floors. Now, with the 26th-floor lease, Signature Bank’s square footage at 1400 Broadway totals 111,872 square feet.
“With an expansion only two months after they signed a lease for three full floors at 1400 Broadway, Signature Bank becomes the 155th tenant, totaling more than 1 million square feet, to expand with ESRT since our IPO in 2013,” says Thomas P. Durels, EVP, real estate, for Empire State Realty Trust. “1400 Broadway is fully modernized and is a great choice for any office tenant desiring the convenience of Times Square South, which offers easy access to transportation and neighborhood food and shops.”
Andrew Roos, Michael Cohen and Howard Kaplowitz of Colliers International represented Signature Bank in the lease negotiations. The landlord was represented by Keith Cody and Leslie Nadel of ESRT, along with Newmark Knight Frank’s Scott Klau, Erik Harris and Neil Rubin.