Savills Studley Negotiates Lease for Travel Money USA's First New York City Location

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Currency Exchange Company Commits to Open Near Times Square

Travel Money was able to take advantage of unique, highly-visible marquee signage directly on Broadway.

Travel Money USA, a currency exchange company owned by Australian-based Flight Centre Travel Group Ltd., has signed a long term lease for 600 square feet at 1691 Broadway.

The prime retail space is located on the Northwest corner of Broadway at 53rd Street, adjacent from the iconic Ed Sullivan Theatre, home to The Late Show with Stephen Colbert. Travel Money targeted northern Times Square reach its audience, tourists and international visitors.

“Based on the high foot traffic and great tourism, Times Square makes perfect sense for Travel Money. Travel Money was able to take advantage of unique, highly-visible marquee signage directly on Broadway,” said Savills Studley Senior Managing Director Jeff Lagowitz, who represented Travel Money in the transaction.

Michael Kadosh of CBRE represented the landlord, Broadway SKY LLC.

About Savills Studley
Savills Studley is the leading commercial real estate services firm specializing in tenant representation. Founded in 1954, the firm pioneered the conflict-free business model of representing only tenants in their commercial real estate transactions. Today, supported by high quality market research and in-depth analysis, Savills Studley provides strategic real estate solutions to organizations across all industries. The firm’s comprehensive commercial real estate platform includes brokerage, project management, capital markets, consulting and corporate services. With 26 offices in the U.S. and a heritage of innovation, Savills Studley is well known for tenacious client advocacy and exceptional service.

The firm is part of London-headquartered Savills plc, the premier global real estate service provider with over 30,000 professionals and over 600 locations around the world. Savills plc is listed on the London Stock Exchange (SVS.L).

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Erin Holin
Savills Studley
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