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Signature Bank Supersizes Office Footprint at 1400 Broadway
New York-based commercial bank Signature Bank has more than doubled its current office space at Empire State Realty Trust’s 1400 Broadway. The company will expand by 168,310 square feet from its previous 111,872 square foot office space for a total of 280,182 square feet across 10 full floors. Signature Bank’s entire space is now under lease for 15 years.
“Signature Bank’s expansion and lease extension are a testament to the market’s general flight to quality and the value proposition of 1400 Broadway,” said Thomas P. Durels, EVP, real estate at ESRT. “Signature Bank will continue to benefit from unparalleled customer service and superior indoor environmental quality measures for a confident return to office.”
Colliers’ Michael Cohen, Andrew Roos, and Howard Kaplowitz represented Signature Bank in leasing negotiations. A Newmark team of Scott Klau, Erik Harris and Neil Rubin and ESRT’s Ryan Kass represented ownership.
- ◦Lease
