NEW YORK CITY—J.P. Morgan Chase & Co. has settled on a new location for its digital group. Despite the financial services firm's scrapping last month of its plans to move its headquarters to Hudson Yards, it does plan to establish a presence on the Far West Side with this division.
The company has signed a 10-year lease deal for about 123,000 square feet on the ninth floor of 450 W. 33rd St., a 16-story building that is part of Brookfield Property Partners' Manhattan West development. Brookfield is spending about $200 million to makeover the 1.7 million-square-foot tower.
Brookfield was represented in the deal by Cushman & Wakefield's Bruce Mosler, Josh Kuriloff, Mikael Nahmias and Ethan Silverstein. The tenant was represented by Jones Lang LaSalle's Peter Riguardi, Natasha Brown and Jim Wenk.
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Rayna Katz
Rayna Katz is a seasoned business journalist whose extensive experience includes coverage of the lodging sector, travel and the culinary space. She was most recently content director for a business-to-business publisher, overseeing four publications. While at Meeting News, a travel trade publication, she received a Best Reporting award for a story on meeting cancellations in New Orleans during Hurricane Katrina.
