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 copper-toned steel tower at 270 Park, which reportedly cost $3 billion, replaced the Union Carbide Building, which sat on the site of 48th Street and Park Avenue for nearly 70 years. JPMorgan expects to house roughly 10,000 of its 24,000 New York-based employees in the new building, with employees starting their first workday at the tower at the same time as the company holds its ribbon cutting ceremony.
