Mar
18

Carver Bank Relocates Manhattan HQ

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Following the sale of its previous location, the bank has signed a 20,000-square-foot lease in a recently refurbished historic building in Harlem, maintaining its 70-year presence in the neighborhood.

Savanna has signed a 20,000-square-foot lease with the nation’s largest African and Caribbean-owned bank, Carver Federal Savings Bank. The tenant will relocate to Lee Building in Harlem, occupying the asset’s top floor, as well as part of the seventh floor. The lease follows the recent, record-breaking $20 million sale of Carver’s historic headquarters on 125th Street in Harlem. The bank plans to keep its 70-year presence in the building by retaining its ground-floor branch.

Built in 1901, the 12-story, 138,156-square-foot asset features high ceilings and 11,500-square-foot floor plates. Following NADAP’s 8,000-square-foot recent lease, Lee Building offers a 30,000-square-foot vacancy. The asset sits at 1825 Park Ave., in the vicinity of a wide array of transportation options…

Carver Bank Relocates Manhattan HQ

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