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

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

TRD 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
260 Madison Avenue and Sapir Organization’s Alexi Sapir (Credit: Getty Images)

Sapir Org inks big renewal with law firm at 260 Madison

(Credit: iStock)

Data Alert! Manhattan office leasing through November 2019

Warner Media CEO John Stankey, Google CEO Sundar Pichai and Facebook CEO mark zuckerberg (Credit: Getty Images, iStock)

Triple-digit office rents, once a rarity, are now a major piece of Manhattan deals

250th Issue

The Real Deal celebrates 250 issues

From left: Publisher and founder Amir Korangy, Editor-in-chief Stuart Elliott and VP of Corporate Development Yoav Barilan

TRD’s founders share war stories from over the years

Neir’s Tavern (Credit: Google Maps)

City’s oldest bar, of “Goodfellas” fame, gets last-minute lifeline

Neir's Tavern (Credit: Google Maps)

Landlord to bar owner: You don’t have to go home but you can’t stay here

Fosun Property’s Bo Wei, Refinitiv’s David Craig and 28 Liberty Street (Credit: Getty Images, Google Maps)

Fintech firm signs on for massive lease at 28 Liberty

arrow_forward_ios
Loading...