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Old Posted Nov 28, 2022, 6:55 PM
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ardecila ardecila is offline
TL;DR
 
Join Date: Jun 2006
Location: the city o'wind
Posts: 16,383
Chase is currently sinking money into their existing tower - replacing all the landscaping around Exelon Plaza, rebuilding the tunnel to 20 S Clark at huge expense, etc. Strange behavior if they're planning to leave.

But let's assume they do leave. Why would they go to an emerging area like Fulton Market or Lincoln Yards when the financial sector is still so concentrated in the Loop? If NYC is any guide, you could see a large back-office operation in those areas, like Citicorp in Long Island City or Goldman Sachs in Jersey City. But the upper levels will want to remain in the Loop for their proximity to the exchanges, law firms, government, etc.
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