Bank of America to Sell 31-Story Manhattan Office Tower

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Bank of America Corp. agreed to sell a 31-story office tower at 222 Broadway to Beacon Capital Partners LLC and L&L Holding Co.

The Charlotte, North Carolina-based bank will lease about 590,000 square feet (54,800 square meters) at the building following the sale, said Jennifer Darwin, a spokeswoman for the company. She declined to disclose the terms of the transaction.