"NEW YORK (AP) - 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."
""For 225 years, JPMorgan Chase has always been deeply rooted in New York City. The opening of our new global headquarters is not only a significant investment in New York, but also testament to our commitment to our clients and employees worldwide," said Jamie Dimon, CEO and chairman of JPMorgan, in a statement. 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."
JPMorgan Chase opened a new 60-story, 1,388-foot headquarters at 270 Park, replacing the Union Carbide Building at 48th Street and Park Avenue. The bronze and steel tower cost about $3 billion and contains 2.5 million square feet with a block's worth of public space and five newly commissioned artworks. The building will house roughly 10,000 of the bank's 24,000 New York employees and dedicate eight floors to trading operations. Norman Foster and Tishman Speyer led the design and construction, requiring a two-year systematic demolition because the site sits above Metro-North and Long Island Rail Road tracks.
Read at AP News
Unable to calculate read time
Collection
[
|
...
]