KEY TAKEAWAYS:
60-story, 1,388-foot headquarters opens at 270 Park Avenue, costing $3B
Designed by Norman Foster , features 2.5M sq ft and public spaces
Houses roughly 10,000 employees; trading operations span eight floors
Site replaces Union Carbide Building; construction navigated pandemic and rail lines
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 between 47th and 48th Street and Park Avenue and Madison Avenue for nearly 60 years. JPMorgan expects to h