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First Republic Signs on for Banking Location at One Grand Central

First Republic Bank, which offers private banking, private business banking, private wealth management, and other services, will open a 14,430-square-foot facility at Empire State Realty Trust’s One Grand Central Place.

“We are pleased to welcome First Republic Bank to our portfolio,” said Thomas P. Durels, EVP, real estate for ESRT. “First Republic Bank recognized the power and value of this location, directly across from Grand Central Terminal and One Vanderbilt, a benefit also experienced by our office tenants.

“First Republic Bank’s new location is also a valuable amenity to our tenants, along with Blue Bottle Coffee, 6B, Pera Restaurant and our tenant-only conference facility,” he added.

Frank A. Doyle and Erin Grace of JLL represented First Republic. Landlord representation was provided by Fred C. Posniak of ESRT.

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For comments, questions or concerns, please contact Paul Bubny

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About Paul Bubny

Paul Bubny serves as Senior Content Director for Connect Commercial Real Estate, a role to which he brings 16-plus years’ experience covering the commercial real estate industry and 30-plus years in business-to-business journalism. In this capacity, he oversees daily operations while also reporting on both local/regional markets and national trends, covering individual transactions across all property types, as well as delving into broader subject matter. He produces 7-10 daily news stories per day and works with the Connect team and clients to develop longer-form content, ranging from Q&As to thought-leadership pieces. Prior to joining Connect, Paul was Managing Editor for both Real Estate Forum and GlobeSt.com at American Lawyer Media, where he oversaw operations at both publications while also producing daily news and feature-length articles. His tenure in B2B publishing stretches back into the print era, and he has served as Editor in Chief on four national trade publications. Since 1999, Paul has volunteered as the newsletter editor of passenger rail advocacy groups (one national, one local).

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