EY Inks a Deal For Two Floors in This Shiny Charlotte Building

Posted on by Going Concern News Desk
Distant view of a skyline during sunset in Charlotte, North Carolina, United States

It’s official: EY is taking two floors (45,000 sq ft) at the Queensbridge Collective (QBC) building at 1111 South Tryon on the edge of Charlotte, North Carolina’s Uptown district and moving from their current spot at Bank of America Corporate Center at 100 N. Tryon when it’s ready for them. The WIP future office offers “a collaborative environment with a modern physical and technological design,” per EY Charlotte OMP Michael O’Leary.

Ready for a render? At least we think this is a render.

Source: Queensbridge Collective website
“QBC at dusk”
Source: Queensbridge Collective website

Here’s how the QBC website describes the digs:

1111 South Tryon is a best-in-class highrise trophy office tower that will deliver contemporary architecture with floor
plates [sic?] that meet the precise needs of tomorrow’s office space. This includes column-free, rectilinear lease spans with
ideal core-to-glass dimensions, landlord-provided privacy bathrooms, wellness rooms, and more. QBC also offers over 409
luxury rental residences and over 30,000 SF of dynamic retail space located on the ground level and level 10 connected
to the outdoor amenity space above the podium.

According to Axion, developers Riverside Investment & Development will be reducing the number of planned apartments in the development to make room for all the office space. EY’s neighbors will include Charlotte law firm Moore & Van Allen, California insurance company Pacific Life, and private equity firm Pamilco Capital.

EY has about 2,000 people working in Charlotte currently.

Related Posts

Ernst & Young’s Raises Will Be Better Than PricewaterhouseCoopers’

I said it on Tuesday and I’ll say it again. HERE. WE. GO.

Caleb ran a post yesterday about Ernst & Young raises that as of deadline time had no comments. Zilch. Nadda. I was surprised by this because if anything guarantees comments on GC posts it’s talk about layoffs, Overstock.com shenanigans, and money (not in that order). Needless to say, I think this update will change things.


GC received a tidbit from an EY reader about the recent phone call:

“I did receive a voicemail from Steve reassuring compensations but, it appears that the firm will concentrate giving raises to its “high performers”. So, this potentially could mean that only EYers rated a 5 (need to catch a fraud to get this or have really sore knees) or 4s (need to be well liked all the way up the pipeline on an audit) will have a respectable raise.”

So – if you burned through busy season working yourself to the bone for Uncle Steve but stopped short of needing knee pads (it should also be noted that the parts in parentheses above are part of the original email…) you might be shit out of luck for a respectable raise.

Continuing…

“In addition, I checked with a partner and the August 1st early pay increase is a rumor. The rumor appeared believable since EY is a monkey see monkey do type of firm but, our partner said that EY’s raises although be start on October 1st, will be higher than what PwC will offer to its auditors.”

Boom. To quote my man and crime fighting detective Marcus Burnett, “Shit just got real.”

Shit. Just. Got. Real.

Is there any credibility to this? Sure there is. To think that the upper leadership from every firm does not talk to one another about compensation targets is ridiculous. Merely for the sake of the partners’ bottom line, it’s necessary to know what ones competitors peers are paying in compensation. Why some loose-lipped partner is sharing this information is beyond me, but hey, it’s dedicated readers fed up with their own compensation that forward these tips on. Now, let’s talk it out.

Which would you prefer – every 10 key cruncher receiving a mediocre payout or just the stars receiving something slightly-better-than-insulting? Comment below, regardless of which firm you work for. Be sure to shed some light on the timing of EY’s payouts if you know any details.

One thought on “EY Inks a Deal For Two Floors in This Shiny Charlotte Building”

  1. “EY has about 2,000 people working in Charlotte currently.” Actually, the Axios article says they employ about 2k people in the REGION, which presumably includes the Raleigh and Greenville offices, and maybe more client locations.

    1

Comments are closed.