Bank of America Concentrating NYC Presence in Midtown
12 Juin 2019 - 7:34PM
Dow Jones News
By Michael Dabaie
Bank of America Corp. (BAC) said Wednesday it is concentrating
its New York City presence in midtown Manhattan.
The new development near its New York City headquarters at One
Bryant Park will include the HBO Building and three floors in the
Grace Building, the bank said.
When renovations are complete, a large portion of the bank's
13,000 New York City-based employees will occupy these locations,
Bank of America said.
Renovations begin this week, according to the bank. Project
development is expected to be completed by 2022.
Bank of America said it, partnering with owners Brookfield
Property Partners and The Swig Company, will create a LEED project
incorporating solar technology and recycled materials as part of
the new development.
Write to Michael Dabaie at michael.dabaie@wsj.com
(END) Dow Jones Newswires
June 12, 2019 13:19 ET (17:19 GMT)
Copyright (c) 2019 Dow Jones & Company, Inc.
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