Capital One is expanding from its original North Fork space of less than 50,000 square feet on the 4th floor to nearly 140,000 square feet in Vornado Realty Trust’s 90 Park Ave.
Neal Golden, Ross Pearlman and Lee Brodsky from Newmark Knight Frank took the bank to other buildings before the bank decided to expand and consolidate in the same “wallet.” Brokers say area rents are in the $50s a square foot.
The deal was made possible through a 44,556 square-foot sublease on the 6th floor from CV Starr enabled by the Cushman & Wakefield team of August DiRenzo, John Picco, Andrew Behymer and David Stockel.
Tom Costanza and Glenn Weiss at Vornado Realty Trust handled the work in-house for the building.