Starbucks Renews And Expands For More Than 3,500 Square Feet At 55 Broad Street


Starbucks signed a 10 year lease renewal and expansion at 55 Broad Street in Lower Manhattan.

The coffee behemoth took an additional 1,000 square feet at the Rudin Family Holdings-owned office building, bringing its total footprint there to over 3,500 square feet, making it the largest Starbucks downtown and among the biggest in the city.

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Michael Rudin, vice president of Rudin Management Company, represented the landlord.  David Firestein of The Shopping Center Group represented the tenant.

55 Broad Street
55 Broad Street

Starbucks has had a presence in the 3o-story, 400,000-square-foot tower since 1998. Other tenants include Amerinet and ConEdison Communications. The building, known as the New York Information Technology Center, underwent a complete modernization in 1995 that left it equipped with satellite accessibility, single and multi-mode fiber optics and high speed category five copper wire.

Mr. Firestein noted in a prepared statement that “this will become Starbucks’ largest downtown store and one of the largest in the city.”

Messrs. Rudin and Firestein could not be reached for additional comment.