It just may make sense to move employees elsewhere rather than continue to lease space if they sell 383 for example. 270 will only hold so many.
Anyway, I had hoped the story would be followed by a release of official renderings.
https://www.foxbusiness.com/markets/...s-new-york.amp
Quote:
In response to Bloomberg’s report that J.P. Morgan was even considering selling its New York headquarters, a company spokesperson said the company is committed to the city and expects it to be its largest location for the foreseeable future.
“We are building our new headquarters in Manhattan that will house twice as many employees (12,000 people) as our old headquarters,” the spokesperson said.
JPMorgan has its current headquarters at 383 Madison Avenue in Manhattan. Last year, it unveiled plans to build a headquarters at 270 Park Avenue.
|