Jamie Dimon
👤 SpeakerAppearances Over Time
Podcast Appearances
So I would take the call and consider it and think about why and what they want, etc.
If you look at what we have, we spend $40 billion a year on people, which is important, $4 billion a year on real estate.
We want to have great real estate.
The old building wasn't fit for purpose.
It was too small, couldn't handle our trading floors.
I looked everywhere.
I looked downtown.
I looked at Hudson Yards.
I looked at buying Vanderbilt.
But we could tear that building down.
We could buy Air Rights.
I thought it was the best location and the best city.
And then we should build it there.
We're quite happy we did.
It's beautiful.
If you look at what we have, we spend $40 billion a year on people, which is important, $4 billion a year on real estate.
We want to have great real estate.
The old building wasn't fit for purpose.
It was too small, couldn't handle our trading floors.
I looked everywhere.