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Stock impact report

Peapack Private Moves to Park Avenue [Yahoo! Finance]

Peapack-Gladstone Financial Corporation (PGC) 
Last peapack-gladstone financial corporation earnings: 1/29 09:00 am Check Earnings Report
US:NASDAQ Investor Relations: snl.com/irw/corporateprofile/1137117
Company Research Source: Yahoo! Finance
company for Peapack Private, a division of Peapack-Gladstone Bank, has executed on plans to move into New York City by finalizing its lease on both office and retail space at 300 Park Avenue. The move to Midtown has been in the works since the Company originally announced NY expansion plans in July of 2023, and began recruiting top level talent from the Tri-State area. "We are seizing the opportunity to grow our private banking business into NY after the volatility of 2023," said Doug Kennedy, President and Chief Executive Officer. "There's no better place to do that than on Park Avenue, and we are excited to begin this chapter of our journey." The flagship location features 10,000 square feet of office space on the 13th floor and 6,000 square feet of luxury retail space on the first floor. Jeanne Scungio, president of the NY market, commented, "The space on Park Avenue is stunning and puts us on equal footing with our competitors. We are excited for the challenge that NY repres Show less Read more
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