Real Estate Weekly
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Wells Fargo renews retail at 1407 Broadway

Wells Fargo, N.A., a nationwide financial services company, has renewed its lease for 6,710 s/f of retail corner space at 1407 Broadway, a re-envisioned office building in Times Square South.

1407 BroadwayThe 1.1 million-square-foot building, owned by Lightstone in partnership with Lightstone Value PlusREIT, Inc., is undergoing a complete renovation that will include an upgraded lobby and retail façade and a canopied entry way to enhance the building’s presence along Broadway.

“We’re excited that one of the nation’s premier financial institutions has renewed their commitment to one of the premier buildings in Times Square South,” said Mitchell Hochberg, president of Lightstone.

Lightstone was represented by Matthew Gorman and Joshua Gettler, managing partners at New Street
Realty Advisors.

Annette Healy, executive vice president at CBRE, represented Wells Fargo,

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