Flagstar Bank has announced the opening of its newest private client office at 320 Park Avenue in New York City. The new location marks a major milestone in the private bank’s strategic expansion and is designed to foster collaboration and strengthen client relationships with affluent and high-net-worth individuals, family offices and professional service firms and their owners.
Located in the heart of Midtown Manhattan at the corner of Park Avenue and 51st Street, the office spans approximately 20,900 square feet across two floors. It houses the Private Client Office and additional private client groups and is designed to support 28 bankers, with seven conference rooms to accommodate client meetings and collaboration. The Park Avenue Office is led by Ralph Meyer, senior vice president, private client office director, who has extensive private and commercial banking leadership experience.
Flagstar partnered with design firm Gensler to reimagine the traditional bankin