Overview
- The bank will relocate from 250 Vesey Street to the fifth, sixth and seventh floors at 660 Fifth Avenue, expanding its New York footprint.
- Scotiabank targets 2027 for the new space to become operational to house executive, trading and client-facing teams.
- Brookfield says the office will feature double-height areas with interconnecting stairs, a year-round loggia and a client experience center.
- Lease term and rent were not disclosed, with CBRE citing Midtown’s Q2 2025 average asking rent at $82.28 per square foot for market context.
- Brookfield acquired the former 666 Fifth Avenue in 2018 and completed the redevelopment in 2023, joining tenants such as Macquarie Group, Citadel and Viking Global.