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Chase to Open Branch at Ceruzzi Project on East 86th Street

JP Morgan Chase has signed a 10-year lease for 6,000 square feet at Ceruzzi Holdings’ 1289 Lexington Avenue between East 86th and East 87th Streets, Commercial Observer has learned.

The bank will open a branch on the ground floor of the newly developed 21-story condominium building, christened the Hayworth, according to information from Ceruzzi. It joins Old Navy, which leased a multi-level space spanning 18,500 square feet at the building, as CO previously reported.

Andrew Mandell of Ripco represented Ceruzzi and Cushman & Wakefield’s Michael O’Neill, Jason Greenstone and Taylor Reynolds handled Chase’s side of the deal. “This is an irreplaceable location,” Mandell said. “And Chase leasing it is testament to that.”

The Hayworth is a $415 million, 229,751-square-foot development, which includes 61 condo units and 25,000 square feet of retail space, developed by Ceruzzi. Residential amenities including a children’s playroom, a teen room, a fitness center and a rooftop terrace.


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Construction is nearing completion, and occupancy is anticipated for fall 2019, according to information from Ceruzzi.

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https://commercialobserver.com/2019/...t-86th-street/