Re: 5 Manhattan West
- Bank said in talks to lease 300,000 additional square feet
- Firm’s tech hub located at 5 Manhattan West near Hudson Yards
JPMorgan Chase & Co., the biggest U.S. lender, is planning to more than triple the size of its technology hub in New York City to increase space for the bank’s coders and data engineers, a person with knowledge of the matter said.
The firm is in discussions with Brookfield Property Partners LP to lease an additional 300,000 square feet on the upper levels of 5 Manhattan West near Hudson Yards, said the person, who asked not to be identified because the plans aren’t public. The bank currently occupies about 125,000 square feet in the building.