JPMorgan Chase officially inaugurated its new Manhattan tower Tuesday, a 60-story skyscraper that also marks a kind of comeback of office working after the pandemic years.

Some 10,000 employees of the giant US bank are expected to be in place at the midtown building by the end of 2025. The project cost about $3 billion to build and comprises some 2.5 million square feet of office space.

“For all of us it’s a labor of love,” declared JPMorgan Chief Executive Jamie Dimon just before the symbolic ribbon-cutting at the building referred to as “270” for its address at 270 Park Avenue.

Just five years ago, midtown Manhattan was a wasteland as the pandemic dominated life in a city that had seen some of the darkest times of Covid-19 only months earlier.

Even at the end of 2023, some 19 percent

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