Real Estate Weekly
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Bank of America to open new branch at 250 West 57th Street

Empire State Realty Trust announced that Bank of America will call Billionaire’s Row home.

Photo by Mike Mozart/ Flickr
Photo by Mike Mozart/ Flickr

The newest branch will be a 4,432 s/f retail space at 250 West 57th Street, directly opposite Nordstrom’s new flagship store, scheduled to open in 2018.

“We now have a concentration of quality retailers on West 57th Street,” said Thomas P. Durels, executive vice president and director of leasing and pperations for ESRT.

“Which is not surprising, when you consider our location on Billionaire’s Row, and proximity to One 57, Time Warner Center, Carnegie Hall and direct underground access to the new TurnStyle’s 24 shops and 10 restaurants opening in spring 2016 that will serve 22 million pedestrians.”

David LaPierre of CBRE represented Bank of America. ESRT was repped by Fred C. Posniak and Shanae Ursini, along with Joanne Podell and Ian Lerner of Cushman & Wakefield.

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