Thursday, June 14, 2007

JPMorgan to build headquarters at NY's WTC site

(Reuters) - NEW YORK, June 14 - JP Morgan Chase & Co. agreed to build its investment banking headquarters in lower Manhattan at the site of the World Trade Center complex that was destroyed on Sept. 11, 2001, New York Gov. Eliot Spitzer said on Thursday.



Spitzer told a news conference JP Morgan will pay the Port Authority of New York and New Jersey $290 million for a 92-year lease and $10 million to the World Trade Center foundation and the church at the same site.


Read more at Reuters.com Bonds News

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