270 Park Avenue

270 Park Avenue, also known as the JPMorganChase Tower, is a supertall skyscraper on the East Side of the Midtown neighborhood of Manhattan in New York City. Since October 21, 2025, it has served as the global headquarters of JPMorgan Chase, the largest banking institution in the United States. It is the sixth-tallest building in New York and the 35th-tallest building in the world. Designed by the firm of Foster + Partners with an estimated construction cost of $3 billion, the skyscraper rises 1,388 feet (423 m). Formally topped off in November 2023 and occupied beginning in August 2025, the tower replaces the 52-story Union Carbide Building, built in 1960 and demolished in 2021. The older building was originally the headquarters of American chemical company Union Carbide and was later the headquarters of JPMorgan Chase.

Located in New York City's Midtown Manhattan neighborhood, 270 Park Avenue occupies the entire city block bounded by Madison Avenue to the west, 48th Street to the north, Park Avenue to the east, and 47th Street to the south. The lot measures about 80,000 square feet (7,400 m2) with a frontage of 200 feet (61 m) on each avenue and 400 feet (120 m) on each street. There is a public plaza at ground level. The lot is part of Terminal City, the area that developed rapidly after the 1913 completion of the largely underground Grand Central Terminal. The buildings erected in the following years included office buildings such as the Chanin Building, Bowery Savings Bank Building and New York Central Building, and hotels such as the Biltmore, Commodore, Waldorf Astoria, and Summit. The site of 270 Park Avenue was occupied by a six-building complex, the Hotel Marguery, which opened in 1917 and was developed by Charles V. Paterno. The stone-clad hotel was 12 stories high and designed in the Renaissance Revival style. By 1920, the area had become what The New York Times called "a great civic centre". The Hotel Marguery was replaced by the 52-story Union Carbide Building, the first structure to occupy the entire block, which opened in 1960. The building eventually became JPMorgan Chase's global headquarters. Among the site's current neighbors are the old New

Data from Wikidata (CC0). Summary from Wikipedia (CC BY-SA).