270 Park Avenue

A New Era for Midtown Manhattan

270 Park Avenue stands as JPMorgan Chase's new global headquarters — an iconic 1,388-foot, 60-story tower designed by Foster + Partners. Completed in 2025, it is the largest all-electric skyscraper in North America, achieving net zero operational emissions and replacing the former Union Carbide Building with 2.5 million square feet of adaptive, future-ready workspace.

Located within the heart of Midtown Manhattan, framed by Park Avenue, Madison Avenue, 47th and 48th Streets, the development serves as a catalyst for the Midtown East Rezoning initiative. The project delivers significant urban enhancements including a landscaped Madison Avenue plaza, widened sidewalks, and integrated upgrades to regional transit infrastructure.

• First major supertall constructed under Midtown East Rezoning
• Direct underground connection to Grand Central Terminal
• Public plaza with landscaping and art installations
• State-of-the-art amenities for 14,000+ employees

A Cornerstone of Economic Growth

As a cornerstone of New York's economic landscape, JPMorgan Chase advances its longstanding civic and financial legacy with the development of 270 Park Avenue. The construction effort alone drives 8,000 union jobs across more than 40 local labor organizations, delivering an estimated $2.6 billion in city-level and $3.6 billion in state-level economic impact.

According to independent analysis by Deloitte, JPMorgan Chase contributes $29.8 billion in annual economic activity within New York City — supporting 40,000 additional jobs — and $39.8 billion statewide, enabling 61,000 roles. The project also expands opportunity through inclusive procurement, with 20% of contracts awarded to Minority and Women-Owned Business Enterprises.