Wells Fargo, which is relocating its offices later this year to Hudson Yards, will terminate its lease at RFR Realty’s Seagram Building – a move that will cost the bank a fee of more than $1 million. The bank’s lease in the iconic building at 375 Park Avenue expires in 2021, according to Trepp. But Wells Fargo has chosen to terminate the lease early, Commercial Real Estate Direct reported. Wills Fargo is allowed to leave […]
source https://therealdeal.com/2019/01/25/wells-fargo-paying-rfr-a-fee-to-break-lease-at-seagram-building/
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