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Union Bank Signs for 23,458 SF at 40 Wall St.

NEW YORK CITY-Manhattan's Financial District shows its Post-9/11 allure as Union Bank inks a Downtown deal for 23,458 sf. The bank had been lodged in Tower 2 of the World Trade Center. The bank signed a seven-year lease for the entire 23rd floor at 40 Wall, which it plans to occupy by late February.

By John Salustri | Updated on December 21, 2001

NEW YORK CITY-It what can only be described as a show of support for Manhattan’s Downtown market, Union Bank of California has inked a 23,458-sf lease at 40 Wall St. Union Bank’s former base of New York operations was the 14th floor of 2 World Trade Center. All of the bank’s 106 employees survived the attack.

The bank signed a seven-year lease for the entire 23rd floor at 40 Wall, which it plans to occupy by late February. Ken Churich, a senior director for Cushman & Wakefield in San Francisco, and John Moxley, a director in New York, represented the bank, said to be the third largest commercial bank in California. Tishman Real Estate Services is the building manager for 40 Wall, also known as the Trump Building at 40. Calls to the local Tishman office were not returned.

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