Bank of America Boosts Midtown Presence

Bank of America is increasing its footprint in New York City. The company announced its plans to increase partnerships and enhance operations near its headquarters at One Bryant Park. Its new development will include the HBO Building at 1100 Avenue of Americas and three floors of space in the Grace Building at 1114 Avenue of Americas. Renovations, wich includes a modern greenspace, kicked off in June.

“These investments will create an integrated and innovative workspace and allow for even greater collaboration across our teams,” said Anne Walker, market president for Bank of America in New York City.

When renovations are completed, a large portion of the bank’s 13,000 New York City-based employees will occupy these midtown Manhattan locations. As a part of its expansion, Bank of America will partner with Brookfield Property Partners and The Swig Company, to create a LEED project incorporating solar technology and recycled materials.

Bank of America has modernized employee workspaces in nine different cities in the United States, Europe, Asia, and South America. In driving collaboration and efficiency, the overall real estate portfolio of approximately 80 million square feet has declined from 120 million square feet in 2010.

For more details about the company, visit BankofAmerica.com

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