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Bank of america headquarters nyc


bank of america headquarters nyc

A global logistics company is expanding its office in Bank of America Plaza as it brings some of its West Coast workforce to Atlanta. MUFG Americas Holdings Corporation and MUFG Union Bank, N.A. (Corporate Headquarters), MUFG Bank, Ltd., New York Branch 1251 Avenue of the Americas New York. LEED for Core & Shell Platinum Certified · Building Type: Commercial Office · Building Size: 54 Story, 2,100,000 Square Feet · Location: New York, NY · Owner: Bank.

: Bank of america headquarters nyc

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Bank of america headquarters nyc
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bank of america headquarters nyc
Address:113 West 42nd StreetClass:A
Cross Streets:42nd & 43rd StreetsSize:2,100,000 SF
Year built:2009Architect:Cook + Fox Architects

The Bank of America Tower at One Bryant Park is one of the most sustainable office buildings in the U.S., and its groundbreaking energy saving features made the news rounds when it was completed in 2010. The state-of-the-art, glass-clad tower is also one of the tallest structures in New York City, and it offers high-quality office space in an excellent Midtown Manhattan location overlooking Bryant Park.

LEED Platinum, Class A Office Space Available

The 55-story tower at 111 Avenue of the Americas was developed by The Durst Organization and designed by COOKFOX Architects. The billion-dollar project features nearly 2.4 million square feet of Class A+ office space, as well as 37,000 square feet of first-floor retail. It was also the first commercial high-rise in the country to earn LEED Platinum certification.

One Bryant Park offers open, flexible, naturally lit and column-free office space, suited to fit the needs of modern workers, and also comes with a plethora of amenities. The technologically advanced tower features hospital-grade, 95% filtered air, abundant natural daylight and 9.5-foot ceilings, under-floor ventilation system with individually-controlled floor diffusers, round-the-clock air quality monitoring, and views of Manhattan through a clear, floor-to-ceiling, high-performance glass curtain wall.

Employees working at One Bryant Park also have access to the building’s Bank of america headquarters nyc Garden Room at 43rd Street and Sixth Avenue, which is open to the public as part of the city’s POPS (privately owned public space) program. The office tower at One Bryant Park also houses the first ‘green’ Broadway theater, the 50,000-square-foot, LEED Gold-certified Stephen Sondheim Theater. Other onsite amenities include a large lobby bar at the orchestra current mass housing interest rate, a bar/cafe on the ground floor, and a restaurant at an upper mezzanine level.

Getting to and from One Bryant Park

The skyscraper benefits from an excellent location in the heart of the prestigious Plaza District. Sitting on the corner of Sixth Avenue and 42nd Street, overlooking Bryant Park, the tower offers easy access to a plethora of dining, shopping and entertainment options. Transportation to and from One Bryant Park is convenient, as the building is located near most major subway lines that run beneath Bryant Park and Times Square, which is just one block away.

Who is renting office space at One Bryant Park?

The energy efficient office bank of america headquarters nyc at One Bryant Park offers state-of-the-art, high-quality Class A+ office space that is highly appealing to tenants across all industries. The building’s excellent location, coupled with a strong amenity package, make it a highly desirable place to work, and many big-ticket tenants have snapped up office space at One Bryant Park.

Bank of America is the anchor tenant of One Bryant Park, occupying six trading floors and 75% of the building. Other notable tenants include building owner The Durst Organization, McKool Smith, HBK Investments, SFA Properties, and Marathon Asset Management. Retail tenants include Starbucks, Charlie Palmer Steak and Burger & Lobster.

How much is the rent bank of america headquarters nyc for office space at One Bryant Park?

Although over half of the building’s occupied space serves as the headquarters for Bank of America, there is plenty of prime office space available for rent in the tower, and the lowest six floors can function as trading space. Office asking rents in the Midtown area are not cheap, having reached a post-recession peak of $87 per square foot in the first months of 2019, per CBRE, and asking rents at One Bryant Park often rise above $100 per square foot. However, the tower’s state-of-the-art energy saving features and the top-notch amenity package keep attracting tenants, and there isn’t usually much vacant office space within the building.

Building Map

Источник: https://www.metro-manhattan.com/buildings/one-bryant-park-bank-of-america-tower/

Welcome to TD Bank Personal Banking

Community means family.

I think that's what it's turned into.

I'm going to cry.

I don't know why.

Alright, your turn to talk.

Hey everybody.

Sam from Bonn Place Brewing Company here, and this is my wife.

I'm Gina.

Bethlehem is one of the greatest steel towns in America.

When manufacturing had a downturn Bethlehem had to reinvent itself.

When I first met Sam and Gina, they had bank of america headquarters nyc dream that they wanted to accomplish.

When we first signed our lease on this building, people were questioning it, like "you sure you want to open a brewery on the south side of Bethlehem in the current climate?"

We were certain that it was ready for what we wanted to do.

We needed a bit of help to get this place opened.and everybody needs help.

When anybody ever comes to us and says, "We need help. What can we do? We don't know how to get through this red tape."

We say, "This is what we did. This might help you."

We even went to City Hall for someone once.

This is the community we can change.

What we can change is right here and right now.

Sam and Gina are very passionate about working with women entrepreneurs.

It's hard to start a business.

One thing Sam and Gina have been able to achieve is share the lessons they've learned with other business owners and convince them, "hey, it actually is possible."

We want to see businesses succeed with the opportunities that we've had.

So what better way than to mentor them.

We're all in this together, and it's the bigger picture.

Bonn Place is a catalyst for the regrowth of this community.

They're also now helping other young entrepreneurs get started.

Sam and Gina sat down with us and gave us tips and tricks of what to do to get started.

We had this idea.

And they believe in us.

How much they're committed to the growth of Bethlehem as a whole.

That's the real story.

[Applause]

They are the last two people who would want this bestowed upon them, but they are the most deserving.

So we all want to gather here today and say thank you, because we value everything that you put into Bethlehem.

There's a little bit more.

So, the contribution we made to a female entrepreneurship program, in your name.

We're absolutely thrilled.

Next year, with this gift, we're going to be able to serve even more women entrepreneurs.

The integrity of this community is real strong.

This is just the beginning.

Источник: https://www.td.com/us/en/personal-banking/

The Bank of America Tower boa atm locator app One Bryant Park was designed to set a new standard in high-performance buildings, for both the office workers who occupy the tower and for a city and country that are awakening to the modern imperative of sustainability. Drawing on concepts of biophilia—or humans’ innate need for connection to the natural environment—the vision at the occupant scale was to create the highest quality modern workplace by emphasizing daylight, fresh air, and an intrinsic connection to the outdoors. At the urban scale, the tower addresses its local environment as well as the context of midtown Manhattan, to which it adds an expressive new silhouette on an already-iconic skyline.

The building responds to the dense urban context by weaving into the existing grid at street level, yet challenging the boundaries of public and private space with a highly transparent corner entry. As it rises, bank of america headquarters nyc tower shears into two offset halves, increasing the verticality of its proportions as well as the surface area exposed to daylight. Mass is sliced from these two rectilinear volumes, producing angular facets that open up light and oblique views beyond the typical limits of urban geometry. The crystalline form—inspired by the legacy of the 1853 Crystal Palace, which once stood adjacent in Bryant Park, and by a quartz crystal from the client’s collection—suggests an appropriate natural analogue, both organic and urban in nature. With its crisp, folded façade, the tower changes with the sun and sky; its southeast exposure, a deep double wall, orients the building in its full height toward Bryant Park, its namesake and the most intensively-used open space in the US.

With the Bank of America as its primary tenant, occupying six trading floors and 75% of its interior, the tower signals a significant shift in corporate America and in the real estate industry, acknowledging the higher value of healthy, productive workplaces. One Bryant Park’s most lasting achievement is to merge the ethics of the green building movement with a twenty-first century aesthetic of transparency and re-connection.

Bank of America Tower is the first commercial high-rise to earn LEED Platinum certification from the US Green Building Council. The building’s advanced technologies include a clean-burning, on-site, 5.0 Bank of america headquarters nyc cogeneration plant, which provides approximately 65% of the building’s annual electricity requirements and lowers daytime peak demand by 30%. A thermal storage system further helps reduce peak load on the city’s over-taxed electrical grid by producing ice at night, melted during the day to provide cooling. Nearly all of the 1.2m (4ft) of annual rain and snow that fall on bank of america headquarters nyc site is captured and re-used as gray water to flush toilets and supply the cooling towers. These strategies, along with waterless urinals and low-flow fixtures, save approximately 7.7 million gallons of potable water per year.

Recycling was a prominent factor throughout the building’s construction, with 91% of construction and demolition waste diverted from landfill. Materials include steel made from 75% (minimum) recycled content and concrete made from cement containing 45% recycled content (blast furnace slag). To protect indoor air quality as well as natural resources, interior materials are low-VOC, sustainably harvested, manufactured locally, and/or recycled wherever possible.

The building’s exceptionally high indoor environmental quality results from hospital-grade, 95% filtered air; abundant natural daylight and 2.9m (9.5ft) ceilings; an under-floor ventilation system with individually-controlled floor diffusers; round-the-clock air quality monitoring; and views through a clear, floor-to-ceiling glass curtain wall. This high-performance curtain wall minimizes solar heat gain through low-E glass and heat-reflecting ceramic frit; it also has allowed the Bank of America Tower to reduce artificial lighting with an automated daylight dimming system, reducing lighting and cooling energy by up to 10%.

On an urban level, the project also represents the culmination of the developer’s multigenerational efforts to revitalize the Times Square area, and gives back to the city with a street-level Urban Garden Room, a mid-block pedestrian passage/performance space, and the first “green” Broadway theater, the LEED Gold Stephen Sondheim Theater.

In an era of heightened security, a central challenge of the project was balancing the complexities of program and scale with high-performance architecture and urban design. In its layered connection to the ground plane, Bank of America Tower resolves this question with a progression of public and private spaces—from Bryant Park to the Urban Garden Room to the semi-public lobby. As a total response to the bank of america headquarters nyc environment, the building’s restorative connections therefore work on many levels, from green roofs and views of the park to more subtle and expressive elements. A highly integrated approach to architecture and engineering ensured a close relationship between form and function. Bridging contexts as vastly different as Times Square and Bryant Park, the project makes a highly visible statement on urban stewardship and global citizenship for the 21st century.

CTBUH Awards & Distinctions

Best Tall Building Americas 2010 Winner

2010 CTBUH Awards

Источник: https://www.skyscrapercenter.com/building/bank-of-america-tower/291

How Bank of New York Mellon Makes Money

Founded in 2007, Bank of New York Mellon (BK) is the culmination of a merger of two of America’s most venerable banks. The Bank of New York was founded in 1784, Mellon Financial in 1869. The former was primarily a short-term business lender, the latter a wealth management firm. The resultant firm services more assets than any company on Earth, a total of $41.1 trillion under custody as of Dec. 31, 2020.

With $2.2 trillion of assets under management, Bank of New York Mellon is one of the largest asset managers in the world. The company primarily generates revenue through investment services, including asset and issuer servicing, treasury services, clearance and collateral management, and asset and wealth management.

Key Takeaways

  • Bank of New York Mellon generates revenue through investment services, as well as wealth and asset management.
  • The bank had $41.1 trillion in assets under custody as of the end of 2020.
  • BNY Mellon operates in 35 countries around the world.

Bank of New York Mellon's Earnings

Throughout Bank of New York Mellon’s brief existence in its current form, earnings have been uncommonly consistent. While reported revenue of $15.8 billion was down 4% in 2020 compared to 2019, management explained this was the result of the sale of an equity investment in 2019 and the impact of lower interest rates.

Over the previous five years, in reverse chronological order, the firm earned revenue of $16.5 billion (2019), $16.4 billion (2018), $15.5 billion, $15.2 billion, and $15.2 billion. According to the bank's most recent annual report, net income for 2020 was approximately $3.6 billion. As of Dec. 31, 2020, the pre-tax operating margin was 30%.

Fast Fact

BNY Mellon was established (as Bank of New York) in 1784 by Alexander Hamilton and later became bank of america headquarters nyc first company to be listed on the New York Stock Exchange.

Bank of New York Mellon Business Model

True to the history of its predecessors, Bank of New York Mellon has two distinct business reporting segments: investment management and investment services. This can be confusing; the former falls under one subsidiary, named The Bank of New York Mellon. Meanwhile, the company’s wealth management business falls under a subsidiary named BNY Mellon.

Smaller subsidiaries, most of them concentrating on bank of america headquarters nyc, include BNY Mellon Investment Servicing Trust Company, BNY Mellon Trust Company of Illinois, BNY Mellon Trust of Delaware, and The Bank of New York Mellon Trust Company.

Bank of New York Mellon's subsidiaries include the firm’s main European operation, The Bank of New York Mellon SA/NV. The company has dozens of subsidiaries in total, with the largest majority of them incorporated either in the United States or the British Isles. (The outliers are based in Belgium and Luxembourg.) All told, Bank of New York Mellon operates in roughly three dozen countries.

Bank of New York Mellon's Investment Services Business

Of Bank of New York Mellon’s two major businesses, Investment Services is the biggest, accounting for about 71.9% of the company’s noninterest expense. This division provides a variety of business and technology services to financial institutions, corporations, endowments, and public agencies. Within the Investment Services division, Bank of New York Mellon has a variety of lines of business, including Asset Servicing, Pershing (providing clearing, custody, and other business services), Issuer Services, Treasury Services, and Clearance and Collateral Management.

If you happen to be the executive tasked with figuring out what to do with your large company’s cash pile, chances are good that you’re going to contact Bank of New York Mellon at some point. The firm does business with approximately 400 of its counterparts on the Fortune 500 list, along with three-quarters of America’s 100 largest foundations and two-thirds of its 1,000 largest pension funds. Hence, the enormous amount of money under the Bank of New York Mellon’s administration.

Fast Fact

The Bank of New York and Mellon Financial Corporation merged in July of 2007, resulting in the bank's current form and name.

Bank of New York Mellon's Investment Management Business

While Bank of New York Mellon indeed deals in the exclusive province of wealth beyond most people’s comprehension, that’s not the firm’s specialty. Rather, hundreds of thousands of middle-class people rely on Bank of New York Mellon’s investment services expertise to keep their retirement plans solvent and their stock investments promising.

The investment management segment includes estate planning and private banking for extremely rich people. This, again, is small compared to the investment services Bank of New York Mellon sells to the managers of large capital reserves. The indirect beneficiaries of those investment services—ordinary employees and retirees—have a far greater impact on Bank of New York Mellon’s fortunes than do the firm’s necessarily fewer wealthy clients.

The remainder of the firm’s investment management operations include global equities, currency management, and fixed income strategies. Bank of New York Mellon’s investment management is conducted through many (relatively) small and independently marketed subsidiaries, such as Alcentra, Siguler Guff, and more, the majority of which were bought by Bank of New York Mellon (or one of its predecessors) rather than being created in-house. The firm’s acquisitiveness hasn’t subsided, either; it continues to buy up smaller "boutique" houses periodically.

As of the end of 2020, the Investment Management division, consisting of both Investment Management and Wealth Management lines of business, held assets under management of $2.2 trillion.

Future Plans

According to its 2020 annual report, the Bank of New York Mellon is focused on worldwide social justice movements given the global impact of the COVID-19 pandemic. The company plans on using its resources and market influence to address environmental, social, and governance (ESG) issues.

In 2020, the company issued three new enterprise ESGs with associated goals and key performance indicators (KPIs). The company has established new programs related to ESG financing, along with helping clients manage ESG risks and opportunities.

Key Challenges

Risk is an bank of america headquarters nyc part of investing and Bank of New York Mellon must adequately manage its own risk factors, as well as those of its clients. Beyond the basic unpredictability of investments, however, there are also other challenges that BNY Mellon faces. These include competition from a small but powerful group of similarly-equipped financial institutions around the world, each of which is competing for the same clients and asset pool.

Given the bank's high volume of daily transactions, it is susceptible to operational risk caused by a breakdown in the system or in information. There are also constant governmental and regulatory challenges to which the company must adapt.

Источник: https://www.investopedia.com/articles/markets/120915/how-bank-new-york-mellon-makes-money-bny.asp

Bank Of America - New York Branch

The following are this Bank Of America branch's opening and closing hours:

Monday
8:30 AM - 6:00 PM

Tuesday
8:30 AM - 6:00 PM

Wednesday
8:30 AM - 6:00 PM

Thursday
8:30 AM - 6:00 PM


Friday
8:30 AM - 6:00 PM

Saturday
Closed

Sunday
Closed



The New York Branch location of Bank Of America was established Feb 22, 2002 (19 years and 9 months ago). They are one of 4318 branch locations operated by Bank Of America. For ATM locations, drive-thru hours, deposit info, and more information consider visiting their online banking site at: www.bankofamerica.com
Bank's Headquarters:

100 North Tryon St
Charlotte, North Carolina 28202

Became FDIC Insured:

Jan 1, 1934

Additional Websites where they accept or solicit for deposits:

www.ml.com

www.merrilledge.com

www.mymerrill.com

www.ustrust.com

Источник: https://www.wheresmybank.com/branch-424809-bank-of-america-new-york-branch

How Charlotte, North Carolina, became the banking hub of the American south

The US’s sixth-largest bank will have its headquarters in a city unknown to many non-Americans.

The new bank, formed by BB&T’s $28 billion acquisition (paywall) of SunTrust, will not be located in Chicago, or San Francisco; not New York, nor Los Angeles. Instead, according to today’s press release (Feb. 7), its new headquarters will be Charlotte, North Carolina—a city with a population of around 850,000 people and home to world-class barbecue, Nascar racing, and the turquoise-and-purple Bank of america headquarters nyc team, the Charlotte Hornets.

Yet it’s not an unlikely choice at all. Despite being the US’s 17th largest city, Charlotte is the country’s second-largest banking center by assets held, trailing only New York, and with San Francisco hot on its heels. Along with the new, yet-to-be-named bank, the former gold rush town is also home to Bank of America—the nation’s second biggest bank—as well as NewDominion Bank and Carolina Premier Bank.  (BB&T, founded in 1872, was headquartered in Winston-Salem, North Carolina. SunTrust is based in Atlanta).

The explanation, as the Charlotte Business Journal reports, comes down to a “combination of friendly regulations and hard-charging CEOs who wanted to be No. 1,” which together “helped build a city that proudly claims to be No. 2.”

As late as the 1970s, many US states had heavy regulations that made interstate banking—or even having more than one branch within a state—challenging. But in North Carolina, the rules were far more permissive, which made it easier for farmers or other rural folk to get credit where they needed it, and for local banks to thrive. Branches of North Carolina National Bank (NCNB), First Union National Bank, and Branch Banking first market bank richmond Trust (now BB&T), among others, popped up across the state like spotted mushrooms throughout the early 20th century, with branches in towns such as Winston-Salem, Charlotte, and their smaller neighbors.

But though the south prospered, deepening the pockets of Charlotte bankers in the process, its banks were not in the same league as the big-hitters of Wall Street—Chase Manhattan, JP Morgan, and their ilk. By the end of the 1970s, North Carolina’s largest bank was only the country’s 26th biggest, with less than $8 billion in assets, and southern bankers grew weary of being the poor cousin to their northern counterparts. 

In the early 1980s, Tom Storrs, then the swashbuckling CEO of NCNB, put a legal loophole to the test by buying a number of bank branches in Florida. Federal courts upheld his action, leading North Carolina to lift their regulations on interstate banking in 1981.

The arms race had begun: Charlotte’s banks started buying up smaller banks across the country, swelling from local financial institutions to national-level mega-banks, with the mega-bucks to match. NCNB would eventually acquire more than 50 banks across 15 states, with total assets of $285 billion. In 1998, it acquired San Francisco’s BankAmerica to become Bank of America—with its headquarters in Charlotte. Charlotte-based First Union became Wachovia; in 2008, after a government-forced sale, it was absorbed by Wells Fargo, which still has its investment banking division in the city.

Charlotte’s number two ranking as a banking center isn’t a sure thing: In 2017, an analysis by S&P Global Market Intelligence revealed that it had fallen—just!—behind San Francisco into third. In 2018, it pushed back into the second spot. This new merger may make that position a little easier to hold, as well as offering a new afternoon daydream for winter-weary Wall Street bankers considering a shift to the south.

Источник: https://qz.com/1545417/charlotte-becomes-major-banking-hub-due-to-bbt-suntrust-merger/
bank of america headquarters nyc

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