JPMorgan Chase drops plans to build HQ on West Side Manhattan
It's staying on the East Side after failing to strike a land deal with Related Cos
Add BT as a preferred sourceNew York
THE possibility that JPMorgan Chase would build a two-towered, US$6.5 billion headquarters on the Far West Side of Manhattan streaked across the skyline in recent weeks, only to die quietly on Tuesday.
Jamie Dimon, chairman of Chase, called Mayor Bill de Blasio and Governor Andrew Cuomo on Tuesday to say that the country's largest bank had decided to stay put on the East Side.
TRENDING NOW
Shanda co-founder sells Tanglin Hill bungalow for S$76 million
Jumbo Seafood to close flagship East Coast Seafood Centre outlet on Sep 30
Nearly half of Apac’s wealthy expect market crash or correction, plan to rotate to cash: study
Yeo’s, Tiger Beer and now Gardenia – flight of food manufacturing from Singapore might be just as planned
