Bank of America Corp. tentatively agreed to keep about 750,000 square feet of space at lower Manhattan’s World Financial Center, less than a sixth of its current lease, three people familiar with the discussions said.
The Charlotte, North Carolina-based bank plans to stay in offices at 2 and 4 World Financial Center, according to the people, who asked not to be identified because the talks are private. A lease signing may be months away, two of the people said. The company’s leases for 4.6 million square feet (427,000 square meters), inherited with the 2009 acquisition of Merrill Lynch & Co., run out in 2013.
