Utilize the input text as a context reference, choose the right relationship between Morgan Stanley and New York CITY from the options. Options: product/material produced, manufacturer, distributed by, industry, position held, original broadcaster, owned by, founded by, distribution format, headquarters location, stock exchange, currency, parent organization, chief executive officer, director/manager, owner of, operator, member of, employer, chairperson, platform, subsidiary, legal form, publisher, developer, brand, business division, location of formation, creator.

Day of Sale: 10/22 DUKE UNIVERSITY TAXABLE BONDS 2015A WEEK OF 175,000 // CORPORATE CUSIP 10/19 MGR: Morgan Stanley & Co. LLC, New York CITY OF SANDY SPRINGS PUBLIC WEEK OF 155,580 Aaa/AA+/NR FACILITIES AUTHORITY, GEORGIA 10/19 REVENUE BONDS (CITY OF SANDY SPRING CENTER PROJECT) SERIES 2015 MGR: Raymond James & Associates, Inc., New York SERIAL: 2017-2036 TERM: 2041, 2047

Answer: location_of_formation