JPMorgan Chase Unveils Plans for New Global Headquarters Building in New York City

Norman Foster, Founder and Executive Chairman of Foster + Partners: “270 Park Avenue is set to be a new landmark that responds to its historic location as well as the legacy of JPMorgan Chase in New York. The unique design rises to the challenge of respecting the rhythm and distinctive streetscape of Park Avenue, while accommodating the vital transport infrastructure of the city below. The result is an elegant solution where the architecture is the structure, and the structure is the architecture, embracing a new vision that will serve JPMorgan Chase now and well into the future.”

Joseph Allen, Associate Professor and Director of the Healthy Buildings program at the Harvard T.H. Chan School of Public Health, and CEO of 9 Foundations: “Designed with a health-first mindset in all aspects, this project proves you can have both excellent indoor air quality for occupants, while also addressing sustainability goals that improve the health of the community by reducing impacts on the planet. This building sets new standards of excellence for healthy building in New York City and around the world.”

Gary LaBarbera, President of the Building and Construction Trades Council of Greater New York: “With the global pandemic impacting our city and our world so dramatically during the last two difficult and painful years, I have never been so proud of the skilled workers of the NYC Building Trades Council who have come to work every day to make sure that major projects like 270 Park Avenue continue to get built and drive economic growth for our region. The men and women who have worked on the demolition and the construction at JPMorgan Chase’s site, and in the below grade East Side Access transportation hub, have demonstrated a level of commitment and determination that is commendable and inspiring, especially during the unprecedented COVID pandemic that continues to impact our country and nations around the world.”

New York City Council Member Keith Powers: 270 Park Avenue is a historic project – the first major development under the East Midtown rezoning plan. The JPMorgan Chase headquarters brings many good, well-paying jobs to the community, strong economic growth for the city, and important public improvements such as transportation upgrades and more. I thank all the relevant stakeholders involved in this effort and look forward to enjoying the new and improved amenities and public space on the East Side.”

MTA Chair and CEO Janno Lieber: “It was challenging to thread the foundation of the new headquarters through historic Grand Central Station and the new LIRR Terminal below it, but we couldn’t have a better partner than JPMorgan Chase. Putting top-tier companies and thousands of jobs next to the best mass transit is key to New York’s future, and this project has been a model public-private partnership.”

Rob Speyer, Chief Executive Officer of Tishman Speyer: “Tishman Speyer is proud to act as the development partner for JPMorgan Chase’s future headquarters. This project will benefit JPMorgan Chase’s workforce, area commuters, visitors and city residents more broadly for decades. 270 Park Avenue will stand as a global model for the next generation of office buildings, serving as an engine for economic growth, fostering a healthy work environment, and prioritizing sustainability.”

Troy Rudd, Chief Executive Officer of AECOM: “With a proud history shaping New York City’s future, we applaud JPMorgan Chase’s commitment to New York City at this important moment and we are excited to be part of the team transforming Midtown. This project will continue to fuel New York’s recovery, creating thousands of jobs and generating millions in economic activity, and help the city reach its key sustainability goals.”

Vishaan Chakrabarti, Collaborating Architect and Founder, Practice for Architecture and Urbanism: “The new 270 Park will earn its place among Manhattan’s revered Jazz Age skyscrapers. It is a gift to our skyline and our streets, with a monumental axis connecting Park and Madison Avenues, gracious and enduring materials, generous public spaces and sidewalks, and robust connections to Grand Central Station. JPMorgan Chase’s new headquarters is a great example of New York’s resilience and rebirth.”

Official images and video

Please visit the following link to download the official images and video.

About JPMorgan Chase & Co.

JPMorgan Chase & Co. (NYSE: JPM) is a leading financial services firm based in the United States of America (“U.S.”), with operations worldwide. JPMorgan Chase had $4.0 trillion in assets and $285.9 billion in stockholders’ equity as of March 31, 2022. The Firm is a leader in investment banking, financial services for consumers and small businesses, commercial banking, financial transaction processing and asset management. Under the J.P. Morgan and Chase brands, the Firm serves millions of customers in the U.S., and many of the world’s most prominent corporate, institutional and government clients globally. Information about JPMorgan Chase & Co. is available at www.jpmorganchase.com.



Contact:

Media Contact:
Michael Fusco, 212-270-2495, michael.f.fusco@jpmchase.com



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