JPMorgan Chase officials on Tuesday held a ribbon cutting to mark the official completion of the company’s 1,389-foot supertall headquarters at 270 Park Avenue in Midtown East. Designed by Lord Norman Foster of Foster + Partners and developed by Tishman Speyer, the 60-story 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 upstate hydroelectric energy.
Adamson Associates was the architect of record, Skidmore, Owings & Merrill designed eight expansive trading floors spanning 500,000 square feet that can accommodate 4,000 traders, and Gensler was 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.
Speakers at the ceremony included Jamie Dimon, chairman and CEO of JPMorgan Chase; Lord Norman Foster of Foster + Partners; Rob Speyer, president and CEO of Tishman Speyer; David Arena, global head of real estate at JPMorganChase; and several New York State officials. Click here to see a video of the ribbon cutting.
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.
270 Park Avenue. Photo by Michael Young.
All remaining construction has concluded on the public plaza since our last update in late August, particularly on the rock walls flanking the western entrance to the lobby and elevator cores. Outdoor tables are scattered around the newly planted trees, and benches are built into the walls of the raised garden beds.
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.
A stream of water gently flows between the rocks spread across the base of the stone wall.
270 Park Avenue. Photo by Michael Young.
The hoist is also continuing its disassembly from the northern elevation, and should be fully removed over the course of the next couple months.
270 Park Avenue. Photo by Michael Young.
The entrance to Grand Central Madison remains closed at the southwestern corner of the block. It is unclear when this stairwell will be opened.
The future entrance to Grand Central Madison at 270 Park Avenue. Photo by Michael Young.
The JPMorgan Chase Tower was 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.
270 Park Avenue. Photo by Michael Young.
270 Park Avenue. Photo by Michael Young.
Building systems include sensors, AI, and machine learning for energy optimization, triple-pane glazing with automated shading, and enhanced fresh-air delivery. The SOM-designed trading floors are located at the base of the tower with two-floor suites, a double-height atrium, a work cafe, a central conference room, and smaller meeting areas and pantries around the perimeter.
“JPMorgan Chase Tower signals the future of workplace design, and it all starts with the individual and creating a sense of belonging. Workstations are designed to maximize each employee’s day-to-day experience while collectively supporting teams to do their best work. Protected backdrops make virtual meetings feel intentional, team-based clusters bring people together so that mentorship is a natural part of the workday, and double-height cafés link together adjacent floors to create two-story communities where employees can gather and engage – all of this adds up to a new office tower filled with the best practices and latest thinking in how people and organizations work today and into the future.”
Office amenities are headlined by a Danny Meyer-catered food hall from Union Square Hospitality Group with 19 dining options on the upper floors, as well as a health and wellness center operated by Exos with yoga/cycling rooms and physical therapy. Other features include medical services, mother’s rooms, prayer rooms and meditation spaces, and a coffee-tracking system for desk-side deliveries. JPMorgan Chase services and wayfinding are also available through a dedicated workplace app.
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A monster of a building that truly needs to be seen in person to see the scale of the size of it. I would call it “Modern Brutalist” if I would have to define what it is.I photgraphed it in a series of panoramas recently and it is a structure of its own scale unlike other Manhattan skyscrapers.
Modern Brutalist describes this perfectly. Instead of blank concrete, it has a rock wall, exposed beams, dark glass facade, and whatever those circular things are. Imposing and way beyond human scale.
The building is terrific except for those rock-climbing walls.
LOL, I think Chase wanted to signify the foundation of the brand. “chase is built on solid history and perseverance”
Agree rock wall seems out of place
These rock walls are artificial and intended to be a plant wall. Quote from article: “A stream of water gently flows between the rocks spread across the base of the stone wall.” So, even those it’s a big bank, they deserve our patience for 2 years, as that garden wall will be stunning
Thank you for this explanation. That makes this building even more incredible.
A friend who frequently walks by the building really likes the rock walls, but I’m a bit puzzled by them. Perhaps a way to gain more square footage from the inward sloping base. Regardless, the building is a stunning accomplishment.
60 stories in a nearly 1,400ft tall building? The Empire State Building is 1,250ft tall and has 102 stories. My, how people have grown over the last 100 years! Meh…. This so-called energy efficient building will heat or cool overhead space that will never be occupied by anyone. It could have saved 10s-100s of millions by being shorter with still the same number of office workers.
In five years AI will do most of the banking work not sure why they wasted the money
so in your view that grand spaces that make people feel good should be sacrifed in the name of green woke energy.
I presume then you applaud the destruction of Penn station and its grand halls that bested Grand Central (google image it) for the low ceiling rabbit warren we have today is a good thing.
got it.
How many opening ceremonies can one building have?..looking forward to the ‘hoist removal ceremony’ in a few months..
Pfff don’t be such a hater 🙄
Learn the difference between humor and hate..
Lmaoooo🤣🤣🤣 grand opening number 5 coming right up
havent seen the madison rockwall side uncovered as yet. maybe they will try it out, but otherwise i guess the water feature will have to wait for spring? anyway this side of the tower is the last surprize for us to check out.
What is the white pre-fab box on the SW corner sidewalk? Please tell me it’s not a coffee kiosk and it will soon go away.
The building is impressive simply by its huge scale. The nighttime LED lights at the top are already boring and way too obvious. The extreme material waste that this building project has required is a perfect symbol of an economic system so completely rigged and teetering on collapse.
The soon-to-open subway entrance leading to Grand Central.
Dear James: Yours is the only comment where I was prompted to chuckle because you are so right. I’m a retired NY trial lawyer, 77 years old, and now live out in the middle of nowhere in Arizona. However, my wife and I go back and forth to the City every other month. My angst is partly because the Union Carbide building was demolished: I remember when it was built. More so is that the “key” to masterpieces, like Rockefeller Center, and even the Empire State Building, is based upon their “respect” for the street and pedestrians. The dystopian massiveness of the steel “loading” columns, although absolutely necessary because of the NYCentral tracks below, created another brutalist structure.
Roy then you remember Union Carbide denouncing New York and fleeing to a suburban Connecticut campus built for them. Along with so many other Fortune 500 companies.
Union Carbide is no longer a company let an alone a comglomerate. Dont bet against NYC.
The tired claim that there was “material waste” (only 3% of the old building’s material was treated as waste) will be forgotten as this building endures.
I live nearby and I think the design of the ground floor and plaza is perfect for both Park Avenue set backs and making the sidewalk very pedestrian friendly on all sides. Its a massive building.
Mussolini would be proud. -Jim
The ‘art’ is plain fugly …
What is the name of the artist who did the two colorful geometric paintings in the main lobby?
Now, on to reclading 383 Madison to mimic its bigger cousin, a mistake in my opinion..you might as well then build a sky bridge connecting the two buildings..
Truly wish they would leave it alone. But alas, Manhattan needs another glass skyscraper 😫😒
lol those rock walls are so kitschy, combined with the bronzed metal it looks like a MCM house interior – kinda bizarre but i like it
Me too! I hated this gigantic building at first. Now it kind of intrigues me. Very different from the other supertalls in that cluster
Instead of cutting a ribbon, they should cut ticker tape.
Wow, this building may be monstrous and gigantic but it’s grown on me. The inside is gorgeous, I wish I worked there lol
I can’t see the Empire State Building from uh… 49th and Park anymore. When will this city move to protect iconic views from greedy new construction?!?!??
as long as you get your view, right?
who is the greedy one?
also, you can walk and see the Empire State.
What to say to the the 1920s developer of the Empire State Building (who tore down the Belle Epoque original Waldorf Astoria at that site) for “greedy” new construction ?
Surely the bigger the building the more iconic the view of it is?
The Chanin Building and Chrysler Building were successively the tallest in Midtown (Chanin topped out when Chrysler was at bedrock) and the spire of the Chanin could be seen from 40 miles north until 200 Park was built…now 175 Park will be directly across 42nd Street from the Chanin,directly across Lexington from the Chrysler,and taller than either 270 Park or 1 Vanderbilt.
Ich mag architectur doch was zu viel ist ist zuviel
…
Der buildings style ist fast immer der gleiche .Den einzigen Unterschied sehe ich nur der ” Preislage “.sorry.
A monument to the hyper-normal people who infest Manhattan everyday, with a necessity to feel important.
dude seriously why are you always so triggered and desperate to incite hate and spew word salad Mayor Kenny???
Stop asking your disingenuous, biased, and bullshit questions.
The neo-fascistic people-crushing aesthetic of the architecture & interior spaces, which stifles & overwhelms the human participant at every turn, certainly reflects the bank itself. Chase uber alles. The opening ceremony should have been a chain-forging ceremony rather than a ribbon-cutting. That would have been far more symbolically appropriate for such a masive citadel of usury.
Love the monumental lobby
grand and awe inspiring
Why does this building get 100% hydro power (by far the cheapest) and I don’t?
right on time for the AI take over. who’s going to use this waste of money five years from now
AI wil create so many other opportunities and so many other jobs.
we won’t be sitting on our butts being served by computers and robots.
they said the same thing with industrialization
You can be sure no ordinary person will ever see the lobby since it will be behind security with an appointment with a banker necessary.
How many HQ buildings has Chase constructed and then abandoned?
You’d have to go through the entire history of the acquisition tree.
Chemical is the ultimate acquiring partner of what has become Morgan Chase, they were once at 165 Broadway before moving to 277 Park,they bought Manufacturers Hanover which had moved from 55 Broad (Manufacturers Trust) and 11 Nassau (Central Hanover) to 350 Park before buying the 270 Park that had been built by Union Carbide.Chase Manhattan (Chase Manhattan Plaza on Liberty Street) had been formed by the merger of Chase National (18 Pine) and Bank of the Manhattan Company(40 Wall Street),and JP Morgan (60 Wall,formerly 23 Wall) was acquired last of the main NY predecessors…but along the way to the present there have been acquisitions across the country like Bank One,where they got their current CEO,which was formed by the merger of Banc One (originally First Bancgroup of Ohio,holding company for City National Bank in Columbus and acquirer in numerous states) and First Chicago NBD,itself the merger of the First National Bank of Chicago and National Bank of Detroit holding companies.
A big selling point of the Bank of America Tower at One Bryant Park was it was supposedly energy efficient, but a report years later revealed the building was a giant energy hog.
I wonder if something similar will be revealed about 270 Park Avenue in years to come.