BofA Inks Lease for Entire Office Tower at NYC’s One Bryant Park

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.

Bank of America, which owns a stake in One Bryant Park in a joint venture with the Durst Organization, already leases roughly 1.8 million square feet (167,200 square meters) there, according to CoStar Group Inc. ...