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Old Posted Jul 25, 2019, 3:36 AM
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NYguy NYguy is offline
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Join Date: Jul 2001
Location: Borough of Jersey
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Quote:
Originally Posted by Duck From NY View Post
Is Chase moving their HQ here?
This was the headquarters. Here's what it looked like back in the "old" days.






Quote:
Originally Posted by Parzival718 View Post
This is just what I was told over dinner a few weeks ago, they wanted to go bigger but it just wasn't going to be worth it. The costs to go from 1400 ish to 15-1600 was an order of magnitude more expensive once they went past the initial engineering. Cost isn't a primary factor, but it still a factor.

Also there are plenty of non core functions still in the city such as finance, risk, HR and some operations personnel, the number floated that would be leaving the city over the next 3 or so years was 4,000.
Still doesn't make sense that they would want to go bigger. The whole reasoning behind the approvals process was so they could build the shorter tower. It only makes sense that the size (in square ft) is what is behind the drive for the larger tower (as opposed to the original).
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