Barclays to Spend at Least $1 Billion Renovating Iconic NY HQ

Barclays is investing at least $1 billion to renovate its New York headquarters, a 1-million-square-foot, 32-story building in Times Square, with construction set to begin in mid-2024 and expected to wrap up in 2030. The overhaul will include new trading floors, updated technology, and additional amenities. Barclays employs over 12,000 people in the Americas and sees its presence in New York as critical to its strategy.