JPMorgan Chase opens $3 billion NYC headquarters, reshaping the city's skyline
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JPMorgan Chase opens $3 billion NYC headquarters, reshaping the city's skyline
"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. JPMorgan expects to house roughly 10,000 of its 24,000 New York-based employees in the new building, with employees starting their first workday at the tower at the same time as the company holds its ribbon cutting ceremony."
"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 unveiled a 60-story bronze and steel headquarters at 270 Park Avenue that replaced the Union Carbide Building. The tower cost about $3 billion and spans 2.5 million square feet with a block's worth of public space. The bank plans to house roughly 10,000 of its 24,000 New York-based employees in the new building, with trading operations spread across eight floors. The building stands 1,388 feet tall, surpasses the Empire State Building's roofline, and ranks as the fourth-largest in Manhattan. Norman Foster and Tishman Speyer led the engineering and architectural effort, requiring a two-year demolition above active rail lines.
Read at Fast Company
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