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1345 Avenue of the Americas AllianceBernstein will be relocating its headquarters from 1345 Avenue of the Americas.

NEW YORK CITY—AllianceBernstein is moving its headquarters from New York City to Nashville, TN. The 51-year-old Wall Street firm will be taking approximately 1,050 jobs and will begin moving employees in 2018, as first reported in the Wall Street Journal. The company manages $550 billion in assets.

According to its 2017 annual report, AllianceBernstein has leased 992,043 square feet of space at its current location of 1345 Avenue of the Americas. Its lease with property owner Fisher Brothers expires in 2024. The asset manager presently occupies 523,373 square feet of the space and has sublet or is seeking to sublet approximately 468,670 square feet of the space.

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Betsy Kim

Betsy Kim was the bureau chief, East Coast, and New York City reporter for Real Estate Forum and GlobeSt.com. As a lawyer and journalist, Betsy has worked as the director of editorial and content for LexisNexis Lawyers.com, a TV/multi-media journalist for NBC and CBS affiliated TV stations in the Midwest, and an associate producer at Court TV.

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