BofA could join Condé at 1 WTC

TRD New York /
Aug.August 24, 2010 08:30 AM

1 WTC

Bank of America is looking for as much as 1 million square feet of new office space in Manhattan, even as it gets comfortable in its brand new LEED-certified eponymous mammoth at 1 Bryant Park, the Post reported. The bank, which is looking to replace the roughly 1 million square feet it has scattered amongst some older Manhattan buildings, including 1185 Sixth Avenue and 114 West 47th Street when their leases expire, has put out requests for proposals with landlords in Midtown and Downtown. Sources said the bank is looking for space with similar features to 1 Bryant Park, which it co-owns with the Durst Organization. That means two likely contenders are SJP Properties’ new 11 Times Square in Midtown, where 500,000 square feet is still available, and the rising 1 World Trade Center, in which Durst recently acquired a minority stake. Condé Nast recently signed a letter of intent to anchor the building, rejuvenating what was once a derided project, and Bank of NY Mellon is also reportedly looking there. Cushman & Wakefield’s Tara Stacom, who is representing the building, declined to comment. [Post]

 

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