HSBC Secures Space at 250 West 57th Street


250 West 57th Street.
250 West 57th Street.

HSBC has secured 2,864 square feet on the ground floor of 250 West 57th Street, just steps from the new Nordstrom Midtown flagship location at 225 West 57th Street, according to a press release issued by the property’s owner Empire State Realty Trust.

According to a spokeswoman for ESRT, the lease was signed for 10 years and five months.

SEE ALSO: Organized Retail Crime: Store Owners Did Not Need This

“Our fantastic location on billionaires’ row, surrounded by luxury condos and hotels, corporate offices, the new Nordstrom flagship store and Columbus Circle, appealed to HSBC,” said ESRT president Thomas P. Durels, in prepared remarks.

JLL’s Craig Slosberg represented HSBC in the transaction. A spokesman for JLL did not immediately respond to a request for comment.

ESRT’s Fred C. Posniak represented the landlord in negotiations, with help from Cushman & Wakefield’s Joanne Podell and Ian Lerner.

Based in London, HSBC is a multinational bank with roughly 400 branches in New York State. The HSBC North America headquarters is in New York City at 452 Fifth Avenue between West 39th and West 40th Streets.