Wells Fargo has learned a lesson from the last time it tarried. Just days after rumors surfaced the bank was mulling 150 East 42nd Street, it has sealed the deal.
We’ve learned that the San Francisco-based firm has signed a 16-year lease for 275,000 square feet at Hiro‘s imposing 42-story silver tower between Lexington and Third avenues. Its new home Read More
When Bloomberg sailed into Wells Fargo’s chosen space at 120 Park Avenue, industry insiders were shaken by the switch. Now Crain’s reports that even Wells Fargo thought they had the space nailed:
“A few weeks ago, [senior vice president John] Saclarides got a call from the landlord telling him that the bank was being bumped Read More
120 Park Avenue
Wells Fargo is consolidating its Manhattan offices into at least 300,000 square feet at 120 Park Avenue.
The Midwestern bank’s Manhattan office space is currently spread across Tower 49, Grand Central Tower, 1211 Sixth Avenue and 40 West 57th Street. The new deal will allow the tenant to give up most Read More