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 sourceDeeperDive is a beta AI feature. Refer to full articles for the facts.
New 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.
Share with us your feedback on BT's products and services
TRENDING NOW
Ministry of Home Affairs Permanent Secretary Pang Kin Keong to retire
Shelving S$5 billion office redevelopment plan proved ‘wise’ as geopolitical risks mount: OCBC chairman
Richard Eu on how core values, customers keep Singapore’s TCM chain Eu Yan Sang relevant
China pips the US if Asean is forced to choose, but analysts warn against reading it like a sports result
