|Address||270 Park Avenue||Class||A|
|Cross Streets||47th & 48th Streets||Size||1,496,790 SF|
|Year built||1959||Architect||Skidmore, Owings And Merrill|
The 52-story office tower at 270 Park Avenue in Midtown Manhattan was previously known as the Union Carbide Building upon its completion in 1961, and today it houses the headquarters of JPMorgan Chase. The Plaza District office building was designed by SOM’s Natalie de Blois, and held a 50-year record for being the tallest building designed by a female architect. The 1.5 million-square-foot tower was built right on top of the train tracks that lead to Grand Central Terminal, thus offering easy access to all parts of New York City.
In 2019, JPMorgan Chase’s plan to demolish the existing building and replace it with a taller, more modern office tower, was approved. Demolition is set to start this year and the new tower is scheduled for completion in 2024.
LEED Platinum, Class A Midtown Manhattan Office Space
The existing 52-story building that JPMorgan calls home consists of 1.5 million square feet of Class A Midtown Manhattan office space. The skyscraper underwent an expansive renovation effort in 2012 to make it more energy efficient, and has earned LEED Platinum certification from the USGBC.
The office space at 270 Park Avenue has become insufficient for JPMorgan Chase, which currently fits 6,000 employees in a space that was designed to fit 3,500. Following the approval of the Midtown East rezoning plan, which allows for taller buildings to be developed in the area, JPMorgan plans to demolish the existing tower at 270 Park Avenue and built a 70-story, 2.4 million-square-foot replacement that would fit 15,000 employees. Tishman Construction will manage the project, while the design of the new tower will be handled by Foster + Partners. 270 Park Avenue will be the tallest voluntarily demolished building in the world.
Getting to and from 270 Park Avenue
JPMorgan’s office tower at 270 Park Avenue benefits from an ideal location close to Grand Central Terminal, offering workers and visitors in the building easy access to several subway lines, including the 4, 5, 6, and 7 trains. Employees also have access to Metro North and Amtrak lines out of Manhattan.
Interested in office space at 270 Park Avenue, JP Morgan Chase office space for lease? Contact us today
Listing Location & Nearby Public Transportation
42nd Street–Grand Central - 8 minutes Walk53rd Street–Lexington Avenue - 8 minutes WalkGrand Central - 8 minutes Walk51st Street () - 6 minutes Walk53rd Street–5th Avenue - 7 minutes Walk
East 50th Street/3rd Avenue - 7 minutes WalkEast 50th Street/Lexington Avenue - 4 minutes WalkEast 50th Street/Madison Avenue - 3 minutes WalkEast 50th Street/5th Avenue - 6 minutes WalkEast 49th Street/5th Avenue - 6 minutes WalkEast 49th Street/Madison Avenue - 3 minutes WalkEast 49th Street/Lexington Avenue - 3 minutes WalkEast 49th Street/3rd Avenue - 5 minutes WalkEast 49th Street/2nd Avenue - 9 minutes WalkMadison Avenue & East 48th Street - 3 minutes WalkEast 42nd Street & Park Avenue - 8 minutes Walk5th Avenue & West 44th Street - 8 minutes Walk3rd Avenue & East 47th Street - 5 minutes Walk
This listing is presented for illustrative purposes only, it may no longer be available, and is provided merely as an exemplary representation of the types of spaces in a given neighborhood for a given price
Midtown Manhattan Neighborhoods Midtown is Manhattan’s central hub and its largest and most prominent office market. With roughly 242 million square feet of Midtown office space, there are various options to choose from. Moreover, you have several submarkets to consider in this expansive, diverse area. However, leasing or subletting office space in Midtown Manhattan is not a…Learn more about Midtown Manhattan
Schedule a Tour
Please select a convenient date for your tour, and one of our colleagues will contact you soon!