JPMorgan Chase to Begin Phased Move-In at New $3B Midtown HQ This Month

Rising 1,388 ft, the Foster + Partners–designed tower incorporates novel structural solutions, net-zero systems and public amenities

By Bryan Gottlieb, Editor, Online News

JPMorgan Chase confirmed plans to start moving employees into its new $3 billion, 60-story headquarters at 270 Park Ave. in Manhattan later this month, with a grand opening for the roughly 2.5-million-sq-ft tower expected in October, according to a company spokesman.

Designed by Foster + Partners, the supertall rises to 1,388 ft and is planned to ultimately accommodate up to 14,000 employees, according to the architect and the bank, and billed as New York City’s largest all-electric office tower, designed for net-zero operational emissions with a renewable energy supply.