Finance

Bank of America Inks Lease for Entire Office Tower at NYC’s One Bryant Park

Bank of America Tower in New York.

Photographer: Michael Nagle/Bloomberg

Bank of America Corp. is plotting a major expansion at One Bryant Park in midtown Manhattan, where it’s already the anchor tenant.

The company has agreed to a 20-year lease for the entire office portion and some retail space at the 51-story property, according to an emailed statement. It’s a triple-net agreement, meaning the tenant is responsible for property taxes, insurance and maintenance costs.