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First Republic Bank inks lease at 460 West 34th Street

SL Green is closing on its acquisition of the property from the Kaufman Organization in May

460 West 34th Street (Credit: Google Maps)

First Republic Bank has inked a 212,000 SF lease at 460 West 34th Street, according to the NYPost. The bank will occupy office space on the second through sixth floors, and open two retail branches on the ground and mezzanine floors.

FlashbackSL Green entered into contract to acquire a majority stake at the property from Kaufman Organization in December. The deal values the Hudson Yards office building at $440 million, and is expected to close in May.

Worth Waiting: SL Green first invested in the 21-story office building when it provided the Kaufman Organization with a loan to help buy out its partners in 2014.

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