"That's where Jamie Dimon, the CEO of JPMorganChase, has erected a $3 billion altar to capital that lords it over the Manhattan skyline with a nightly light show a quarter-mile above the street. This is a building that isn't shy about its brawn; it reminds both users and passersby that the world it occupies isn't built only on intangible bits of memory, ephemeral shares, credit, and cybercurrency, but also out of thick, hard, heavy metal and stone."
"Of course, 270 Park Avenue is an office building as well as a metaphor, the place where 10,000 of the company's 24,000 New York employees will soon be spending their days with one eye on the terminal and the other on the clock. Dimon has been loudly insistent that workers must work where they work - be present, visible, trackable, well fed, and reliably caffeinated. He's revoked the right of remote employment and made the new tower the centerpiece of a multiblock corporate campus."
"Park Avenue north of Grand Central Terminal is the zone where Jamie Dimon's and Zohran Mamdani's metropolitan visions collide. Designed by Foster and Partners, the skyscraper is the latest but not the last of the luxury behemoths born of the East Midtown rezoning that passed City Council in 2017. That law was intended to resurrect midtown as one of the world's great business districts by encouraging the construction of bigger, bulkier, costlier skyscrapers."
JPMorganChase built a $3 billion headquarters at 270 Park Avenue that dominates the Manhattan skyline with bronzed steel, nightly lights, and towering mass. The building combines symbolic monumentality and office function, housing 10,000 of the bank's 24,000 New York employees. Jamie Dimon has mandated in-person work, revoked remote work rights, and centered a multiblock corporate campus around the tower. The tower was designed by Foster and Partners and emerged from the 2017 East Midtown rezoning aimed at producing larger, costlier skyscrapers to revive Midtown as a global business district. The site underscores tensions between billionaire corporate priorities and municipal visions.
#jpmorganchase #corporate-power #skyscraper-architecture #east-midtown-rezoning #workplace-return-to-office
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