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Bank of America

Bank of America Tower
New York, NY 10036
Website
Bank of America
Bank of America is the second largest bank in the United States by assets ($2.1 trillion in 2013) and one of the largest companies in the country, period, by revenue ($88.94 billion in 2013). As such, it is one of New York City’s—and the world’s—biggest financers of real estate development and acquisition. In 2010, it loaned Google $467 million to buy its East Coast headquarters at 111 Eighth Avenue. It has been the financial partner on major developments such as the office tower at 51 Astor Place and the condo-hotel spire One57 on West 57th Street. Bank of America also underwrites numerous private residential mortgages in the New York area. It was chartered in San Francisco in 1904 as Bank of Italy. Through a series of mergers and acquisitions, its name changed to Bank of America and its headquarters landed by the late 1990s in Charlotte. The bank maintains its New York outpost in the Bank of America Tower at 1 Bryant Park. Bank of America’s chairman is Charles Holliday and its president and CEO Brian Moynihan. -TA
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Bank of America, Senior Mortgage Loan Officer
50 Rockefeller Plaza, 11th floor, New York, NY, (646) 556-3451
Donna Vitalone is a New York-area mortgage banker. Since June 2015, she has...
  • Event Financing
  • Address 70 Vestry Street
  • Neighborhood Tribeca
  • Borough Manhattan
  • Square feet 154,000
  • Price $ 200,000,000
notes
Related Companies secured $200 million in funding for its planned luxury condo development.
  • Event Office Leasing
  • Address 1133 Sixth Avenue
  • Neighborhood Times Square
  • Borough Manhattan
  • Square feet 115,000
notes
The bank re-signed its lease in the building.
  • Event Financing
  • Address 234 West 42nd Street
  • Neighborhood Times Square
  • Borough Manhattan
  • Publication Date 01/01/2011
  • Event Date 11/22/2010
  • Party 1 Hilton Times Square
  • Party 1 Brokerage JLL
  • Party 1 Broker Matt Comfort, Jeffrey Davis
  • Party 2 Bank of America, Merrill Lynch
notes
A $92.5 million senior loan was secured to refinance an existing loan that was due to mature last month. The 10-year, fixed-rate loan was provided at an interest rate below 5 percent. 460-room hotel
  • Event Financing
  • Address Seventh Avenue and Greenwich Avenue
  • Neighborhood West Village
  • Borough Manhattan
  • Publication Date 11/01/2011
  • Event Date 09/22/2011
  • Party 1 Rudin family
  • Party 2 Bank of America, JPMorgan Chase, Bank of New York Mellon, M&T Bank
notes
The Rudin family obtained $525 million in construction financing for its $800 million redevelopment of the main campus of St. Vincent's Hospital, the Wall Street Journal reported. Plans call for luxury condos, townhomes, a medical facility and an elementary school. Former hospital/development site
  • Event Financing
  • Address 157 West 57th Street
  • Neighborhood Midtown West
  • Borough Manhattan
notes
A $700 million construction loan was provided for the One57 development, GlobeSt.com reported. The $1.4 billion project will have 95 luxury condos and a Park Hyatt hotel. 90-story mixed-use building.
  • Event Financing
  • Address 50 Murray Street
  • Neighborhood Tribeca
  • Borough Manhattan
  • Square feet 620,552
notes
A $225 million fee and leasehold financing was arranged for the property. The building has 505 luxury apartments and 50,500 square feet of commercial space. 21-story mixed-use building.
  • Event Financing
  • Address 255 East 74th Street
  • Neighborhood Lenox Hill
  • Borough Manhattan
  • Publication Date 03/01/2008
  • Event Date 01/21/2008
  • Party 1 World Wide Group
  • Party 1 Brokerage Singer & Bassuk Organization
  • Party 2 Bank of America, Helaba Bank
notes
A $181.45 million construction and mezzanine financing was arranged for the luxury condominium building. 92-unit apartment building.
  • Event Financing
  • Address 1480 Second Avenue
  • Neighborhood Lenox Hill
  • Borough Manhattan
  • Publication Date 10/01/2008
  • Event Date 08/22/2008
  • Party 1 Eastside 77 Associates
  • Party 1 Brokerage Wolf Haldenstein Adler Freeman and Herz, Goodwin Proctor
  • Party 1 Broker Jeffrey Schwartz, Lee Sherman
  • Party 2 Bank of America, PNC Bank
  • Party 2 Brokerage Schiff Hardin
  • Party 2 Broker Paul Mackey
notes
A $31.5 million construction loan was secured for the two lots, the future site of a 20-story apartment building. The joint venture plans a 53,000-square-foot tower with ground-level retail and 32 apartments above. The site previously had two four-story walk-up buildings, which have been demolished. In addition to the lots, the developers purchased air rights to the north and east to make way for the planned tower. Includes1480 Second Avenue. Development site
  • Event Financing
  • Address 150 Broadway
  • Neighborhood Financial District
  • Borough Manhattan
  • Square feet 250,000
notes
A $60 million financing with a 10-year fixed-rate was arranged for the fully occupied property. 23-story office building.
  • Event Financing
  • Address 460 West 54th Street
  • Neighborhood Clinton
  • Borough Manhattan
  • Publication Date 10/01/2008
  • Event Date 08/22/2008
  • Party 1 Affiliates of Alchemy Properties and Jamestown
  • Party 1 Brokerage Wolf Haldenstein Adler Freeman and Herz, King and Spalding
  • Party 1 Broker Jeffrey Schwartz, A. Charles, J. Bartlett
  • Party 2 Bank of America, Helaba Bank
notes
A $66.6 million loan was provided to finance the construction of an apartment building with ground-floor retail. The developers plan to build a tower totaling 132,000 square feet, with 95 apartments. An offering plan has not been filed yet, but the developers reportedly expect to complete the project in spring 2010. Includes 447-453, 450 and 452. 3 development sites
  • Event Retail Leasing
  • Address 1515 Broadway
  • Neighborhood Times Square
  • Borough Manhattan
  • Square feet 5,123
notes
Expands presence following FleetBoston acquisition
  • Event Retail Leasing
  • Address 375 Canal Street
  • Neighborhood Soho
  • Borough Manhattan
  • Square feet 1,500
notes
The bank inked a 15-year lease for an ATM space.
  • Event Retail Leasing
  • Address 731 Lexington Avenue
  • Neighborhood Plaza District
  • Borough Manhattan
  • Square feet 4,199
notes
Expands presence following FleetBoston acquisition
  • Event Retail Leasing
  • Building Name Lincoln Building
  • Address 60 East 42nd Street
  • Neighborhood Grand Central
  • Borough Manhattan
  • Square feet 14,137
notes
The bank inked a long-term lease renewal for multi-level retail space.
  • Event Retail Leasing
  • Address 131 Eighth Avenue
  • Neighborhood Chelsea
  • Borough Manhattan
  • Square feet 4,400
notes
The bank inked a 15-year lease in the new six-story luxury apartment building.
  • Event Retail Leasing
  • Address 133 Lenox Avenue
  • Neighborhood Central Harlem
  • Borough Manhattan
  • Square feet 4,700
notes
The property is being developed in conjunction with the New York City Housing Development Corporation, the New York City Department of Housing Preservation and Development, and the New York City Housing Partnership.
  • Event Retail Leasing
  • Address 21 East 96th Street
  • Neighborhood Carnegie Hill
  • Borough Manhattan
  • Square feet 750
  • Publication Date 02/01/2006
  • Event Date 12/23/2005
  • Party 1 Stuart Boesky and Jamison Weiner
  • Party 1 Brokerage Manhattes Group
  • Party 1 Broker Jamison Weiner
  • Party 2 Bank of America
  • Party 2 Brokerage RKF, Trammell Crow
  • Party 2 Broker H. Henderson, D. Evangelista
notes
Bank signs 10-year lease for space on the Madison Avenue side of the new development.
  • Event Office Leasing
  • Address 50 Rockefeller Plaza
  • Neighborhood Plaza District
  • Borough Manhattan
  • Square feet 18,000
notes
The television magazine signed a sublease for the entire 14th floor.
  • Event Office Leasing
  • Building Name West Building
  • Address 280 Park Avenue
  • Neighborhood Plaza District
  • Borough Manhattan
  • Square feet 20,000
notes
Law firm signs nine-year sublease, moves from 299 Park Avenue.
  • Event Office Leasing
  • Building Name Bank of America Tower
  • Address 1 Bryant Park
  • Neighborhood Times Square
  • Borough Manhattan
  • Square feet 522,000
notes
Bank expands from 1.1 million square feet to 1.6 million square feet, or 77 percent of the 2.1 million square foot building, which is a co-development between Bank of America and Durst Organization.
  • Event Office Leasing
  • Building Name Bank of America Tower
  • Address 1 Bryant Park
  • Neighborhood Times Square
  • Borough Manhattan
  • Square feet 203,000
notes
The law firm signed a lease for floors 41 to 46. The building is now 90 percent leased and the only remaining availability is on floors 37 to 39 and 47 to 50.
  • Event Office Leasing
  • Address 14 Wall Street
  • Neighborhood Financial District
  • Borough Manhattan
  • Square feet 15,635
  • Price per foot $ 40.00
notes
The bank inked a new five-year office lease on the 21st floor.
  • Event Office Leasing
  • Building Name GM Building
  • Address 767 Fifth Avenue
  • Neighborhood Plaza District
  • Borough Manhattan
  • Square feet 40,000
notes
Bank signs 15-year lease
  • Event Retail leasing
  • Address 731 Lexington Avenue
  • Neighborhood Midtown East
  • Borough Manhattan
  • Square feet 4,199
notes
Expands presence following FleetBoston acquisition
  • Event Retail Leasing
  • Address 1515 Broadway
  • Neighborhood Times Square
  • Borough Manhattan
  • Square feet 5,123
notes
Expands presence following FleetBoston acquisition
Brooklyn
Bank of America
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