Their is no need to continue going around in circles with you just keep the jobs coming.
Deutsche Bank to move 1,200 jobs to Jersey City
by David Jones
Deutsche Bank said Wednesday that it signed a 10-1/2-year lease for 228,000 square feet of office space on the Jersey City waterfront, and will relocate up to 1,200 workers from Manhattan by 2008.
The bank was awarded a $21.9 million grant from the New Jersey Economic Development Authority earlier this month, and is using the funds to more than double its existing offices at the Harborside Financial Center in Jersey City.
Financial terms were not disclosed.
Deutsche Bank has a number of leases that are due to expire soon, according to a source with knowledge of the agreement, however it was not yet clear which offices would be moved.
The bank has about 10,000 employees in the New York area, including 6,000 at 60 Wall St. -- the U.S. headquarters for the German investment bank. Deutsche Bank officials said no employees would be moved out of Lower Manhattan.
The firm previously had 90,000 square feet of office space at the Harborside complex, and is adding more than 138,000 square feet. The bank has 350 employees in New Jersey, with a majority based at the Harborside complex.
Cranford, N.J.-based Mack-Cali Realty Corp. owns the building, which is now 79% leased.