According to a spokesperson, BofA does not disclose thefinancial terms of the lease. Over time, the bank expects to fullyoccupy the entire space lease, but it won't be 100% occupied at themove-in date, as they want to leave some room for growth. Thebank's new lease covers 13 floors. Douglas Durst, co-president ofthe Durst Organization, previously expressed confidence in thelease up program for the site. "I don't think we'll have anytrouble getting $100 per sf at the top of the building. By the timewe finish, we'll have most of the space leased."

The crystalline tower, which is expected to be completed inFebruary 2008 at a cost of $1 billion, will house the bank'sassociates from several businesses including global corporate andinvestment banking, global wealth and investment management andglobal consumer and small business banking. The need for additionalspace is the anticipated growth of the global corporate andinvestment banking groups.

The bank will have floors 2 through 36 and 51, the top floor.Included in that space will be six trading floors ranging in sizefrom 43,000 to 99,000 sf. Bank of America was represented by JonesLang LaSalle. The brokers were Peter Riguardi, president of the NewYork office and John Ryan III, executive vice president, also withthe company's New York office. Attorneys for Bank of America wereSkadden Arps, Slate, Meagher & Flom LLP. One Bryant Park LLCwas repped by the Durst Organization and the law firm of PattersonBelknap Webb & Tyler LLP.