Deals
JPMorgan Said Planning to Move 2,000 Employees to Brooklyn
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JPMorgan Chase & Co., the biggest U.S. lender, is moving about 2,000 employees to offices in Brooklyn’s MetroTech Center after a review of its real estate holdings, said a person with direct knowledge of the plan.
The biggest single source of employees heading to Brooklyn by year-end is 1 Chase Manhattan Plaza, the 60-story lower Manhattan skyscraper the bank sold to Shanghai-based Fosun International Ltd. in 2013, said the person, who asked not to be identified because the move isn’t public. The employees are from several of the bank’s business lines, the person said.