New York Officials Reach Deal To Buy Land for New Stock Exchange. (26-MAR-01) Daily News (New York, New York) (via Knight-Ridder/Tribune Business News)

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New York Officials Reach Deal To Buy Land for New Stock Exchange.

Publication: Daily News (New York, New York) (via Knight-Ridder/Tribune Business News)

Publication Date: 26-MAR-01

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Byline: Eric Herman

Mar. 16--The city's plan for a new trading facility for the New York Stock Exchange cleared a big hurdle yesterday, with officials reaching a deal with J.P. Morgan Chase to buy land needed for the building for $220 million.

"We've reached an agreement with the city," confirmed Charlotte Gilbert-Biro, a spokeswoman for J.P. Morgan Chase.

The city announced in late 1998 a deal to...

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