BNY Mellon will be relocating its world headquarters from Wall St. to 225 Liberty St. at Brookfield Place, a premier office complex in Lower Manhattan. The move is a significant part of our efforts to consolidate and streamline operations while upgrading our business facilities.
"New York City has been home to BNY Mellon since our founding by Alexander Hamilton in 1784,” said Gerald L. Hassell, BNY Mellon Chairman and Chief Executive Officer. “We evaluated a number of sites but our new location in Lower Manhattan was the clear winner. Our employees will have an exceptional work experience at 225 Liberty St.”
BNY Mellon recently announced the sale of its current headquarters at One Wall Street to a joint venture led by Macklowe Properties for $585 million. The sale, brokered by CBRE, is expected to be completed in the third quarter of 2014.
The 225 Liberty Street building is a premier 44-story office tower within the Brookfield Place complex, which was formerly known as the World Financial Center. Brookfield is in the process of completely renovating its retail, recreational and restaurant spaces in the complex. BNY Mellon will have the opportunity to restructure its space needs by designing the facilities around technology requirements, an open workplace with natural light, multifunctional collaboration areas and mobility.