Demolition is nearly complete on the Union Carbide Building, JP Morgan Chase‘s former 52-story, 707-foot-tall headquarters at 270 Park Avenue in Midtown East, while the new steel superstructure for its 2.5 million-square-foot supertall replacement continues to rise on the opposite side of the full-block plot. The new 1,425-foot-tall skyscraper will eventually stand as one of the tallest structures in New York City on a parcel of land bound by Park Avenue to the east, Madison Avenue to the west, East 47th Street to the south, and East 48th Street to the north.
270 Park Avenue
The steel superstructure for JP Morgan Chase‘s new 1,425-foot supertall headquarters continues to rise on the western half of 270 Park Avenue‘s full-block parcel as work progresses on the demolition of the company’s 52-story former home on the opposite end of the Midtown East lot. Construction workers are busily lifting and welding new steelwork along Madison Avenue between East 47th and 48th Street, where the low-rise podium of the original 707-foot-tall skyscraper formerly known as the Union Carbide Building once stood.
The first steel beams of JP Morgan Chase‘s 1,425-foot supertall have begun to rise at 270 Park Avenue as work continues on the demolition of its 52-story former headquarters in Midtown East. The new steelwork is being assembled on the Madison Avenue-facing side of the parcel, where a low-rise podium once stood, while the main 707-foot-tall skyscraper formerly known as the Union Carbide Building continues its descent toward Park Avenue. The new tower will eventually span the entire block between East 47th and 48th Streets from Park to Madison Avenues and yield 2.5 million square feet of office space.
Demolition is progressing rapidly at 270 Park Avenue, the site of JP Morgan Chase‘s new 1,425-foot-tall headquarters in Midtown East and number three on our end-of-year countdown. The firm is demolishing its former 707-foot-tall, 52-story tower to make way for the massive supertall, which will yield 2.5 million square feet of office space. The full-block parcel is located between Park and Madison Avenues and East 47th and 48th Streets.
Demolition is moving along on JP Morgan Chase‘s 52-story headquarters at 270 Park Avenue. Formerly referred to as the Union Carbide Building, the financial company is in the midst of razing the 707-foot-tall mid-century skyscraper in order to make way for a 1,425-foot-tall, 2.5-million-square-foot supertall, which will be one of the tallest structures in New York City.