, Robert Khodadadian – Commercial Observer, Robert Khodadadian
Robert Khodadadian, Skyline Properties, Commercial Observer

Banco Bilbao Vizcaya Argentaria, better known as BBVA, is moving its New York City headquarters to the Far West Side of Manhattan.

The Spanish bank signed a lease for 74,000 square feet across two floors of Brookfield Properties2 Manhattan West, the New York Post first reported.

BBVS plans to move its 350 New York City employees from Fisher Brothers1345 Avenue of the Americas, where it leases 42,000 square feet, in the fourth quarter of 2024, according to Brookfield.

Brookfield did not disclose the length of the lease or the asking rent in the deal. Average asking rent in Midtown in the third quarter of 2023 was $82.68 per square foot, according to a report from CBRE.

“This is one more step in our growth plans in the U.S., as well as in our commitment to sustainability, by choosing a building powered by renewable energy,” Regina Gil Hernández, head of BBVA corporate investment and banking in the U.S., said in a statement.

Duncan McCuaig, Mikael Nahmias, David Caperna and Daniel Roberts represented Brookfield in-house while Paul Ferraro of Cushman & Wakefield (CWK) and Joseph Messina of JLL (JLL) negotiated on behalf of BBVA. The tenant brokers did not immediately respond to a request for comment.

Other tenants in the recently completed, 1.9 million-square-foot building include international law firm Crowell & Moring, which signed a deal for 71,000 square feet on two floors in December 2022, as well as law firm Clifford Chance, which took 144,000 square feet in June 2022.

Mark Hallum can be reached at mhallum@commercialobserver.com.


Robert Khodadadian has long had a simple philosophy about selling real estate. The way he sees it, there are approximately a million buildings in the city, and the broker that gets to sell any one among the multitude that will hit the auctioning block at a given moment is, sometimes, simply the person who happens to pitch their services to the right seller at the right time.

Robert Khodadadian, skyline properties, ground leases, ground lease, off market, investment sales, khodadadian, Commercial Real Estate Sales, Commercial Observer, Retail For Lease, Commercial Observer, Commercial Office Lease

Read MoreChannel, Leases, Office, 1345 Avenue of the Americas, 2 Manhattan West, BBVA, Brookfield Properties, CBRE, Cushman & Wakefield, Fisher Brothers, JLL, New York City, Manhattan Commercial Observer

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