Capital One signs 16-year lease, expands to 124K sf at Flatiron location

Bank already occupies 72K sf at 11 West 19th Street

New York /
May.May 24, 2017 09:30 AM

Capital One is expanding at Thomas Block’s 11 West 19th Street. The bank signed a 16-year lease for 52,000 square feet, bringing its total footprint in the building to 124,000 square feet.

Capital One already occupies 72,000 square foot in the Flatiron District building under a sublease from advertising firm Publicis Groupe, as The Real Deal previously reported.

Tory Burch occupies the remaining office floors in the building. A 19,000-square-foot Pottery Barn is set to open in the ground floor.

Cushman & Wakefield represented Capital One, while Savitt Partners represented the owners, the New York Post reported.

Capital One is an active lender in New York’s commercial real estate market. Last year the bank sued Taxi King Gene Freidman over $8.4 million in defaulted medallion loans. [NYP]Konrad Putzier

(To view more office leasing transactions brokered by Savitt Partners, click here)


Related Articles

arrow_forward_ios
Elle International's Constance Benqué (Getty Images, iStock)
Elle, luxury brands enter hotel market
Elle, luxury brands enter hotel market
“The New Kings of New York” rockets to top of Amazon charts
“The New Kings of New York” rockets to top of Amazon charts
“The New Kings of New York” rockets to top of Amazon charts
Gopuff co-CEO Rafael Ilishayev (Gopuff, iStock)
Gopuff scaling back warehouse footprint amid rapid-delivery slowdown
Gopuff scaling back warehouse footprint amid rapid-delivery slowdown
Incoming WeWork CFO Andre Fernandez (WeWork, iStock)
WeWork names new CFO
WeWork names new CFO
Brian R. Steinwurtzel and 100 Pearl Street (GFP Real Estate, LoopNet, iStock/Photo Illustration by Steven Dilakian for The Real Deal)
Squash club starting a racket at 100 Pearl Street office tower
Squash club starting a racket at 100 Pearl Street office tower
Upflex co-founders Christophe Garnier and Ginger Dhaliwal (Upflex, LinkedIn/Ginger Dhaliwal, iStock)
Upflex raises $30M, signaling rise of flex-office aggregators
Upflex raises $30M, signaling rise of flex-office aggregators
Vorea Principal's Peter Papamichael with 10-04 Borden Ave (Vorea Group, iStock)
Skydiver lands first NYC location in Long Island City
Skydiver lands first NYC location in Long Island City
Two Trees Management's Jed Walentas and 50 West 23rd Street (Walentas/via Marc Skrivo, Google Maps, iStock)
Trustpilot takes 34k sf at Two Trees’ Midtown South building
Trustpilot takes 34k sf at Two Trees’ Midtown South building
arrow_forward_ios

The Deal's newsletters give you the latest scoops, fresh headlines, marketing data, and things to know within the industry.

Loading...