GFP Real Estate and BDT & MSD Partners announced that 1540 Broadway has signed more than 74,000 square feet in new long-term office leases with Pandora Jewelry and Woori Bank New York Agency. The transactions coincide with significant progress on the Fogarty Finger–led renovation of the 907,000-square-foot property.

In the first transaction, Pandora Jewelry, LLC signed a long-term lease for the entire 34th floor totaling 27,936 square feet, along with a lease extension for its existing 27,936 square feet at the building, bringing its total footprint to 55,872 square feet.  Pandora is expected to occupy the expanded space in August.  Dan Posy of JLL represented the tenant.

In the second transaction, Korea-based Woori Bank New York Agency signed a 20-year lease for the full 38th floor, comprising 18,553 square feet. The bank will relocate its New York operations from 245 Park Ave., with occupancy anticipated in May.  Charles Han and Douglas Levine of Newmark represented the tenant.

Clark Finney, Frank Doyle, Carlee Palmer and Michael Pallas of JLL and Allen Gurevich of GFP Real Estate represented the landlord in both transactions.