Flagstar Private Bank, a division of Flagstar Bank, N.A., has secured a new lease at 320 Park Avenue in Midtown East. The three-level space in the 730,000-square-foot tower will serve as a ground-floor banking center and two floors of office space for the next 12.5 years starting in May 2024.
The recently renovated property boasts modern amenities such as an updated lobby, café, gym and over 25,000 square feet of shared amenity space for all tenants. “Expanding our presence with Flagstar Private Bank in Manhattan will drive growth and provide our teams with opportunities to enhance capabilities and service for long-term client success,” stated Jason Birnbaum, Executive Vice President and President of Flagstar’s Private Bank.
Negotiated by Colliers’ team consisting of Michael Cohen , Howard Kaplowitz ,and Andrew Roos on behalf of the tenant; Frank Doyleand David Kleiner from JLL handle leasing duties on behalf ownership group.
