German banks already trying to sublease One Vanderbilt space

German banks that leased the full 26th floor at One Vanderbilt are now trying to sublease the space before they even move in.

Back in 2017, DZ Bank and its affiliate, DVB Bank, the No. 2 bank in Germany, signed leases for the tower’s entire 26th floor, a combined 35,567 square feet, as The Post’s Steve Cuozzo first reported.

At that time, asking rents were $135 a square foot.

The space is now ready to be built out in preparation for the building’s opening in August 2020.

Lance Leighton and Evan Margolin of Savills are offering the floor on behalf of the bank.

The bank is currently reducing its worldwide head count by 500 people through synergies while still trying to attract top talent. No comments were forthcoming.

Products You May Like

Articles You May Like

Undercover entrepreneurs: fearful Mexican tech startups shun spotlight
Bake Off’s first-ever winner Edd Kimber reveals shocking homophobic abuse he received while on the show
WarnerMedia’s HBO Max to stream films of ‘Spirited Away’ producer
Cricket-India can emulate world-beating sides of past, says Lara
World stocks flat on data, earnings; pound volatile

Leave a Reply

Your email address will not be published. Required fields are marked *