Business & Tech
Astoria Bank Branch Opening in Melville
The bank has signed a lease with T. Weiss Realty.
An Astoria Bank branch will soon open in Melville along the 110 corridor.
Lake Success-based Astoria Bank, formerly Astoria Federal Savings and a wholly owned subsidiary of Astoria Financial Corp. is leasing a 4,266-square-foot space at T. Weiss’ Broadhollow Corporate Center, 532 Broadhollow Rd.
The building is one-quarter mile south of the Long Island Expressway, and a commercial hub for the region.
Interested in local real estate?Subscribe to Patch's new newsletter to be the first to know about open houses, new listings and more.
Astoria Bank plans to open the new branch on Dec. 1, 2014.
“Having a branch presence in Melville gives us prime visibility in this central location, which is a major hub for Long Island businesses,” said Astoria Bank President and CEO Monte Redman.
Interested in local real estate?Subscribe to Patch's new newsletter to be the first to know about open houses, new listings and more.
The move, he added, is “a significant development for us as we expand our branch network.”
“Astoria Bank’s decision to sign a long-term lease for space in the Broadhollow Corporate Center reflects well on the building’s convenient location on Route 110,” said Ted Weiss, founder and CEO of T. Weiss Realty.
Stefani Steinberg and Dean Rosenzweig of CBRE represented Astoria in lease arrangements. Craig Weiss, managing director of T. Weiss Realty, represented the landlord in-house.
The addition of the Melville branch brings Astoria’s total to 87. Its nearest branches currently are in Plainview and Huntington Station.
The Broadhollow Corporate Center is a single-story, 83,000 square foot building. Other tenants in the building include Integrated Medical Professionals, Wells Fargo Home Mortgage, Bracco Diagnostics, and Cellino & Barnes.
Photos: An Astoria Bank Branch is opening in Melville
Get more local news delivered straight to your inbox. Sign up for free Patch newsletters and alerts.
