
"JPMorgan Chase unveiled its new 60-story headquarters to the public on Monday, one of the first major office buildings to be constructed after the COVID-19 pandemic and one that will remake the New York City skyline for decades. The bronze and steel tower at 270 Park, which reportedly cost $3 billion, replaced the Union Carbide Building, which sat on a full city block at 48th Street and Park Avenue for nearly 60 years."
"The building contains 2.5 million square feet and a block's worth of public space. The bank also commissioned five new artworks for the building, adding to the bank's already substantial art collection. The bank will house its trading operations in the building across eight floors. At 1,388 feet, the new building is taller than the Empire State Building's roofline and is now the fourth-largest building in Manhattan."
JPMorgan Chase opened a 60-story, 1,388-foot headquarters at 270 Park that replaces the Union Carbide Building and cost about $3 billion. The tower contains 2.5 million square feet and a block's worth of public space and will house roughly 10,000 of the bank's 24,000 New York employees, with trading operations spanning eight floors. The project involved lead architect Norman Foster and developer Tishman Speyer and required a two-year systematic demolition because the site sits above Metro-North and Long Island Rail Road tracks. The bank commissioned five new artworks and integrates substantial art holdings.
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