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 opened a 60-story, 1,388-foot headquarters at 270 Park Avenue that cost about $3 billion and replaces the former Union Carbide Building. The building spans 2.5 million square feet, includes a block of public space, five commissioned artworks, and will house trading operations across eight floors. The bank plans to move roughly 10,000 of its 24,000 New York employees into the tower, with staff beginning work the same day as the ribbon cutting. The project was designed by Norman Foster with Tishman Speyer and required a two-year systematic demolition above the Metro-North and Long Island Rail Road tunnels.

Read at Fast Company