270 Park Avenue

New York, NY, United States

270 Park Avenue is the 1,388-foot, 60-story global headquarters of JPMorgan Chase in Midtown Manhattan, occupying the full block bounded by Park and Madison Avenues and East 47th and 48th Streets, directly above Grand Central Terminal's underground track network. Designed by Foster + Partners, with Adamson Associates as architect of record, the tower rises as a single sculptural volume that tapers through seven setback masses to a crystalline peak, combining structural expressionism with neo-art deco massing cues drawn from the Park Avenue corridor.

The building replaced the 52-story Union Carbide Building (1960), which JPMorgan demolished between 2019 and 2021 in what was, at the time, the largest voluntary demolition of a skyscraper in New York City history; 97 percent of the material from that building was reused or recycled. Because the site sits over live Metro-North rail infrastructure, the new tower's base transfers its loads through fan-shaped groupings of columns that splay from six pivot points below grade, carrying the structure around the tracks rather than through them.

Construction ran from April 2021 to August 2025 under general contractor Tishman Construction, with Tishman Speyer serving as development manager for owner-occupant JPMorgan Chase. The building opened to its first employees in August 2025 and held its formal ribbon-cutting on October 21, 2025. It houses roughly 10,000 JPMorgan Chase employees across eight trading floors, extensive client-meeting space, and Morgan Hall, a triple-height gathering space on the 14th floor that can hold up to 1,000 people. The lobby and podium levels carry a public art program commissioned specifically for the building, including works by Gerhard Richter, Maya Lin, Leo Villareal, Refik Anadol, and Norman Foster.