1 World Trade Center Continues Tenant Turnaround With Interest From Bank of America


What a difference two years make. Back in the summer of 2008, the Port Authority was facing for the first time the possibility that it may have to team up with a developer to handle the building and leasing of the World Trade Center, or even have to sell it outright. It was only about a month ago that the PA finally picked Durst as its development partner at 1 WTC, but even then there were no major marquee tenants lined up. Then, earlier this month, magazine company Condé Nast signed a letter of intent to lease 1 million square feet of office space in the 2.6 million-square-foot building, changing the rental scene in the building drastically (two government agencies have also been reported to want space there). And now Steve Cuozzo in the Post reports that Bank of America, fresh off of moving into its glamorous 1 Bryant Park tower, is looking to move a remaining 1 million square feet in office space that remains off-site into a centralized, newly constructed satellite location. And they’re eyeing 1 WTC! 2013 is going to be a big year for downtown Manhattan, we just know it, because that tower is definitely going to be finished right on schedule.

BofA eyes space at 1 WTC [NYP]