On the Market: JPMorgan Chase Seeks $1 B. Handout; Fort Greene's Class Tensions

JPMorgan Chase is demanding a huge handout from the government, even as it continues to pare its workforce in the city, for building a new headquarters in Hudson Yards, according to The New York Times , which reports that the financial firm is seeking more $1 billion in city and state concessions to build a $6.5 billion corporate campus. The state is reportedly putting together a counter offer, with deputy mayor Alicia Glen telling the paper that "there's no way that the city would entertain a demand for a billion dollars in additional incentives at Hudson Yards."

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