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Lehman buys Morgan Stanley’s New York building

Almost one month after the attacks on New York and with its head offices severely damaged, Lehman Brothers yesterday announced that it was buying a new building from its fellow investment bank, Morgan Stanley, in the heart of Manhattan. Morgan Stanley has just finished the construction of its 32-floor building, which was to house its investment banking activities, but no longer wants to move there for security reasons.

L’Agefi, 09/10/01 p23

Also reported in: Les Echos, p28, 09/10/01Expansion, p29, 09/10/01Cinco Dias, p12, 09/10/01El Pais, p59, 09/10/01

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