Renovations are progressing on 383 Madison Avenue, a 47-story office skyscraper in Midtown East, Manhattan. Designed by Skidmore, Owings & Merrill along with Foster + Partners and Gensler, the project involves the replacement of the 755-foot-tall structure’s façade and reconfiguration of its 1.2 million square feet of office space to serve JPMorgan Chase’s investment banking division. The property is located between Madison and Vanderbilt Avenues and East 46th and East 47th Streets, directly south of the JPMorgan Tower at 270 Park Avenue.
Nearly all sections of the original cladding have been removed from the tower since our last update in late May, when most of the tower’s façade still remained intact. More of the new envelope is in place below the crown, while the podium is almost fully enclosed in the new glass curtain wall with bronze-hued fins.
Portions of the crown paneling have also been removed from the eastern side of the building.
Foster + Partners is also redesigning the building’s interiors, which will include a modernized food hall and remodeled lobby. The latter will require city approval due to the presence of a privately owned public space (POPS) for the entrance to Grand Central Madison.
The street-level entrance to Grand Central Madison at the base of the building is temporarily closed off, but commuters can still access the transit hub at the southern corner of Madison Avenue and East 47th Street.
The tower was originally designed by David Childs of SOM and was known as the Bear Stearns Building from its completion in 2001 until the company’s collapse during the 2008 recession. JPMorgan Chase acquired the building in the wake of the investment firm’s demise.
383 Madison Avenue’s transformation is slated for completion in the winter of 2027, as noted on the info board.
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