Republic National Bank will keep its data operations in the Big Apple instead of moving more than 1,000 jobs to New Jersey in exchange for a $6.4 million tax break and other incentives from the city.

The financial institution had planned on moving its data center to an undisclosed New Jersey location, but New York City's Economic Development Corp. worked out a deal to help the bank finance a $23 million renovation of its current data center in midtown Manhattan and build a new $55 million addition to its headquarters complex.

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