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BofA Said to Agree on Space at NYC’s World Financial Center

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.