BofA leaving Superman building

PROVIDENCE, RI – It's official. Bank of America is vacating the Superman building - the iconic Providence skyscraper nicknamed for its resemblance to the building in the Superman TV show. Unless another tenant can be found the tallest building in Rhode Island will be vacant because Bank of America is its only tenant.

Tuesday was the deadline for renewing the lease. Bank of America spokesman T. J. Crawford says the company elected not to stay for economic reasons.

"We lease all 26 floors at the building. We actually utilize less than half of that space," says Crawford. "Looking at the pure economics of it, this is a decision any responsible company would make and one our shareholders would expect of us."

Crawford stressed that no one will be laid off. The people who work in the Superman building will be moved to other spaces the bank leases in the capital city.

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