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JPMorgan Chase unveils new 60-story headquarters, reshaping New York City’s skyline

The new 60-story tower will consolidate about 10,000 employees and replace the 60-year-old Union Carbide Building, marking a major post-pandemic NYC office development.

  • On Monday, JPMorgan Chase unveiled its new 60-story headquarters at 270 Park Avenue to the public, marking one of the first major post‑COVID office completions.
  • After operating across several Grand Central–area buildings, JPMorgan Chase worked out of multiple sites like 383 Madison and 277 Park, prompting a consolidation drive.
  • The tower holds 2.5 million square feet and will house roughly 10,000 New York-based employees, with engineers demolishing the predecessor over two years above Metro North Railroad tracks.
  • JPMorgan also added five new artworks to the building, enhancing JPMorgan's art collection, and plans to begin renovating 383 Madison now that 270 Park is finished.
  • The copper-toned tower reportedly cost $3 billion and replaced the Union Carbide Building that stood for nearly 60 years, Jamie Dimon said the project required major engineering effort.
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New JPMorgan skyscraper underlines Manhattan office comeback

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.

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regionalmedianews.com broke the news in on Tuesday, October 21, 2025.
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