Employees have begun moving into the JPMorgan Chase Tower, the financial titan’s 1,389-foot-tall headquarters at 270 Park Avenue in Midtown East. Designed by Norman Foster of Foster + Partners and developed by Tishman Speyer, the 60-story supertall skyscraper yields 2.5 million square feet of office space with a capacity of 14,000 employees, and is the tallest structure in New York completely powered by hydroelectric energy. Adamson Associates was the architect of record and Gensler is the workplace designer for the $3 billion project, which occupies a full city block bounded by East 48th Street to the north, East 47th Street to the south, Park Avenue to the east, and Madison Avenue to the west.
Work finished on the main eastern entrance along Park Avenue since our last update in July, when crews had yet to form the new sidewalks. The surrounding plaza is lined with bronze-hued bollards matching the skyscraper’s exterior accents. Three sets of flag poles are mounted along the southern corner of the city block, while an undulating set of shallow steps, metal railings, and gently inclined ramps leads up to the front doors beneath the sleek canopies. The second accessible entryway for employees is positioned along East 47th Street directly in front of Vanderbilt Avenue.
270 Park Avenue. Photo by Michael Young.
270 Park Avenue. Photo by Michael Young.
270 Park Avenue. Photo by Michael Young.
270 Park Avenue. Photo by Michael Young.
270 Park Avenue. Photo by Michael Young.
270 Park Avenue. Photo by Michael Young.
270 Park Avenue. Photo by Michael Young.
The following photo shows the finished lobby with its soaring ceiling and exposed columns. The interior core walls are visible in the background.
270 Park Avenue. Photo by Michael Young.
The below images were taken over the weekend as crews carried out the finishing touches to the exterior. These plastic barricades have since been removed.
270 Park Avenue. Photo by Michael Young.
270 Park Avenue. Photo by Michael Young.
270 Park Avenue. Photo by Michael Young.
270 Park Avenue. Photo by Michael Young.
Temporary fencing remains in place along the northeastern corner, where large white banners display JPMorgan Chase Tower signage.
270 Park Avenue. Photo by Michael Young.
Work is still finishing up on the 10,000-square foot landscaped public plaza on the opposite Madison Avenue side of 270 Park Avenue’s base. The stone tiling and garden beds are still incomplete, and the sidewalk shed remains standing. Also awaiting completion is the revamped entrance to Grand Central Madison at the southwestern corner of the lot.
270 Park Avenue. Photo by Michael Young.
The hoist has also continued disassembly from the northern elevation since our July update, when the first sections had just begun removal. The assembly is being dismantled in small sections and has cleared the highest of the skyscraper’s five tiers. The façade has already filled in the ensuing gap.
270 Park Avenue. Photo by Michael Young.
The JPMorgan Chase Tower is expected to generate more than 8,000 jobs by the end of construction, spanning 40 local unions and producing $2.6 billion of economic activity for New York City. JPMorgan Chase is also expected to contribute $29.8 billion annually to the city’s economy and stimulate an additional 40,000 jobs across local industries.
Building systems include sensors, AI, and machine learning for energy optimization, triple-pane glazing with automated shading, and enhanced fresh-air delivery.
Office amenities reportedly include a Danny Meyer-catered food hall from Union Square Hospitality Group with 19 diverse food options and seating on the upper floors of the building; a state-of-the-art health & wellness center operated by Exos with yoga/cycling rooms, physical therapy, medical services, mother’s rooms, prayer rooms and meditation spaces; biometric entry option;, a coffee-tracking system allowing for desk-side deliveries; and a JPMorgan Chase workplace app for services and wayfinding.
YIMBY expects 270 Park Avenue to finish construction around the end of this summer.
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It’s about time bankers get back to work. Kids have been back to school five days for years.
What? Back to school next week.
You missed the point. Working in an office as opposed to home. Kids go to school five days a week. A lot of office workers, mostly finance, still work from home.
Office workers – most are not working from home now. That 5-year experiment is largely ending as WFH disadvantages mount for BOTH employer and employee.
Chase and Finance industry has been back five days a week for years now – this is just a new building.
You are misleading the public by stating that the building is hydro electric powered.
From the World Green Building Council’s website:
“ The project recycled, reused or upcycled 97% of the building materials from the demolition — far exceeding the 75% requirement of the leading green building standard. The building is 100% powered by renewable energy sourced from a hydroelectric plant.”
https://worldgbc.org/case_study/jp-morgan-chase-headquarters/
Go figure.
I agree. Hydroelectric power, for example, is generated by turbines embedded in dams, like the NY Power Authority’s Robert Moses complex in Massena, NY, which was constructed as part of the St. Lawrence Seaway project; I was 10 years old in Public School in ’58. However, I’m not an engineer. So, can’t imagine how a dedicated Con Ed line of current from one or more hydroelectric plants is run directly into the building to the exclusion of every other building in the area.
Yes William, unless a new hydro plant was built, destroying a natural river, this huge building will be earmarked for existing hydro power that would have been used by others. It’s a greenwash because it’s Chase.
It’s an accounting fiction,not a reflection of how electricity is actually routed.
Magnificent building, iconic.
Spectacular images and this looks amazing!
Foster and Partners have given us a very potent symbol of late-term American capitalism. Does Crypto and AI care about such corporate palaces? It’s old New York refreshed. I like the urbanism of the surrounding buildings revealed through the tapering piers. And the flagpoles are beautiful.
The lobby ceiling is quite beautiful. What artist did the large painting?
This is a great building – especially at night. Handsome all the way around, exposed structure, strong color, surface, lobby, exceptional presence.
Not a nice looking building…hybrid workstyle is better work life balance n still bring in great revenues…the old days n ways are gone n it’s better if bosses get used to that idea instead of breaking people’s backs.
No. The 5-year WFH experiment has exposed disadvantages for both employer AND employee. The trend is back to the office. And for some companies, however, a hybrid arrangement may remain which is ok. But 100% WFH? Like back in 2020? No. And good riddance.
Sounds like someone’s mad that their office holdings aren’t as valuable anymore!
Still not sure what powered by hydro means… there is a hydro plant inside? They have a direct power like from a new dam up north? Or they just buy carbon credits (most likely and also lame)?
Please explain to me the disadvantages of WFH as an employee, and try not to sound like a bitter and out-of-touch CEO when you do.
Chicago is so so lame compare to New York in terms of new construction, 20 years behind.
reading chicagoyimby vs newyorkyimby is such a drastic difference. Multiple sueprtalls going up in NYC, 10+ story building going up in the boroughs is a nothingburger and is commonplace now. The only notable building going up in Chicago is 400 LSD, and its unlikely the other twin tower will come into fruition. Anything above 5 stories proposed for outside of downtown is immediately struck down by nimbys
Just got back from visiting Chicago on business – what a gorgeous city and skyline! Not to mention the city is so much cleaner than NYC. Went out on a cruise on Lake Michigan and seeing the entire city from that vantage point is pretty breathtaking.
Epic
Those steps remind me of the unfortunate ones in front of the Met Opera. These were converted to ramps after many accidents. The suggestions of the ancient Roman architect Vitruvius for the dimensions of steps have stood the test of time.
I have been watching this building go up from my 40th floor bathroom window in Sutton Place my wife thinks I’m nuts
I find it very interesting to say the least
She also has other reasons she says I’m nuts
I love NYC
I don’t mind this building, but the Union Carbide building should have been saved. This is a big waste.
When things built in one’s lifetime are torn down, it makes you fell old.
Very true. I can’t imagine how it felt to lose Penn Station.
Many times, I feel that development changes are moving things forward, but it’s sad to see when they occur in an environmentally catastrophic way and take us two steps backward.
In the end this new building can last longer and be better than the old Union Carbide could have been.It is a better use of the location and they can’t both be there at once.
Nice looking building and incredible images. Would love to see additional photos once construction is fully complete and more interior pictures if possible.
Someone should get Michael Young access to go inside so he can take photos for us to see!
Wondering if the lobby will be open to the public or restricted for employees only?
Would love to see the it!
The New Building is really impressive. And it’s great that it’s the New Headquarters for the firm. The only thing that is lacking style is that the New company’s logo is not right. Why in the world would the J look unfinished? It needs a more prominent J displayed in the full name of
JPMorgan Chase. It being the first letter that you have to evaluate, you shouldn’t have to figure out what letter that is. The prior logo looks better and clearly reflects the full name.
As far as heritage goes,the acquiring lineage goes back to Chemical.
They just took new names along the way with mergers.
It’s great. Good riddance to Union Carbide. More street trees would be nice. Love the warm bronze.
100% disagree (except for the trees). The demolition was a huge environmental catastrophe and shouldn’t have been allowed. Union Carbide was LEED Platinum and had been very recently renovated. This building would have been better in another location, replacing something less efficient and less historic.
The new building has achieved a newer revision of LEED Platinum than the old and this particular location is put to better use by the new building.I hope it stands longer than the old.
It’s great. Good riddance to Union Carbide. More street trees would be nice. Love the warm bronze.
Michael, THIS ONE IS BOLDLY
{{{{{{IMPRESSIVE}}}}}}}
Suggestion:
See if you could, possibly, get some “Man{and Woman} on the Streets” comments from both local New Yorkers, and Tourists alike.
Initial Impressions, philosophical quotes, musings, etc etc etc
I think we’d All like to hear That Noize……….🥳😂🤣
Also while you’re at it😁😅, {maybe}, some Really Cool Long Shots of the building from down the different Avenues and Boulevards, to sort of put it into visual context, with the rest of Manhattan, at Street Level ????
I know, I know, I know, That’s a bit of a Projekt……..
Maybe when you get a cool minute>>>> ?
It seems like, This One, is a Game Changer already. If this was Any other City, other than NYC, it’d STAND OUT like some sort of:
Futuristic Star Wars Level Civilisation, Obelisque ………. Or some sort of:
Bronzed Stoic Steel Stanchion to a NEW ORDER of ~~~Civilization~~~
🗼
I’ve been watching the site on my visits to NYC for years…I remember when the old building was Manufacturers Hanover,Chemical,and Chase Manhattan,as it went down to the ground,when it was gone,and as the new has risen.
The view up Vanderbilt from next to GCT’s 42nd street corner doors is quite impressive.
Can’t wait until JPMorgan employees throw themselves out of this building after the current bubble pops.
Is there a golden gang plank?
The Work From Home situation is still an issue, even with JPM.
Dimon decreed everyone back to the office a while back, only to be met with opposition (to be polite) via the company’s in-house social media. Dimon soon revised his “decree,” offering a 3-day, in-office, work week.
I’m sure many JPM employees will want to stop in to see the new place, but for how long will a new building and in-house amenities keep them coming in, compared with the commute, expense, and…dare I say it?…the exposure to crime, that they will have to deal with?
And that goes for a long list of buildings and companies in Manhattan faced with the same problem.
The real question is how the less state-of-the-art space the 15,000 employees have been reassigned to the new building from will be refilled.And if it does find new tenants,the space down the ladder from which those tenants move…
this is the most desirable space to be but it’s the tip of the iceberg…or skyline.
We need to see photos of the inside and what the views look like Mr. Young! Do you have access to get inside the building?
MAJESTIC AND GODLY looking.Nothing less,nothing more..Yeah.. 😉
This is a building that the Empire from Star Wars would build
I look forward to a residential conversion in ten years.
No way will THIS building be degraded to residential in ten years.
The buildings vacated to fill the buildings vacated to fill this one are another matter.
We got it. Extraordinary building i lovely impact in NYC skyline…can’t wait to see that…
I pass the building frequently.
General impression: dark and hulky.
I keep waiting for this building to grow on me. It almost did for a little! But I think I’m back to “what toddler drew this on a napkin?”