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Originally Posted by JMKeynes
Is the new tower not being built and only the existing building is getting a new façade?
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It looks like the existing building will get some upgrades:
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Bank of America Corp. wants to bring more of its New York staff to one hub.
The company is starting renovations on the HBO building and three floors of the Grace Building across from its 55-story tower at One Bryant Park in midtown Manhattan, it said in a statement Wednesday.
When the project is completed by 2022, a large portion of the bank’s 13,000 New York employees will be at six properties clustered around Avenue of the Americas.
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Maybe BofA will position itself for an eventual consolidation of space down the line.