270 Park Avenue

JPMorgan Chase Tower
Main façade of 270 Park Avenue
Location within Manhattan
270 Park Avenue (New York City)
Former names Union Carbide Building
General information
Status Complete
Location 270 Park Avenue, Manhattan, New York, NY 10017, United States
Construction started 1950[1]
Completed 1964
Demolished 2018 (Planned) to make way for a new building
Height
Antenna spire 707.01 ft (215.50 m)
Technical details
Floor count 52
Floor area 2,400,352 sq ft (223,000.0 m2)
Design and construction
Architect Natalie de Blois Skidmore, Owings and Merrill

270 Park Avenue (also known as the JPMorgan Chase Tower and formerly the Union Carbide Building) is a high-rise office building located in Midtown Manhattan, New York City. It was designed by Gordon Bunshaft and Natalie de Blois for Skidmore, Owings & Merrill.

History

The address 270 Park Avenue was previously occupied by the 12-story, stone-clad Renaissance Revival Hotel Marguery built in 1917.[1] At one point around the 1930s, Nikola Tesla took out rooms at the Hotel Marguery.[2] The tenants of the Marguery Hotel hired New York prosecutor Peter McCoy in 1947 as their attorney. McCoy had previously prosecuted stockbrokers for the government before entering private practice.[3]

Gordon Bunshaft and Natalie de Blois designed a skyscraper for Skidmore, Owings & Merrill for the address, which was completed in 1961. It served as the headquarters for Union Carbide until the company moved to Danbury, Connecticut in 1983. Later it was occupied by Manufacturers Hanover Trust and Chemical Bank.[4] It is currently the world headquarters for JPMorgan Chase. The building is 707 feet (215 m) tall and contains 52 floors.[1]. In 2012, it was announced that 270 Park had achieved Platinum LEED status following what was then the largest such renovation in history.[5]

Redevelopment plans

In 2018, JPMorgan announced they would demolish the current building on site to make way for a newer building that will be 500 feet (150 m) taller than the existing building. Demolition is expected to begin in early 2019, and the new building will be completed in 2024. The replacement 70-story headquarters will be able to fit 15,000 employees, whereas the current building fits 6,000 employees in a space that has a capacity of 3,500. The new headquarters is part of the East Midtown rezoning plan. Tishman Construction Corporation will be the Construction Manager of the project.[6]

  • Kiss of Death was shot between March and May 1947, with additional scenes being shot in June. Much of the filming was done in New York, using locations as practical sets, including the old Hotel Marguery at 270 Park Avenue at 48th Street.[7]

See also

References

  1. 1 2 3 "JPMorgan Chase Tower". Emporis.com. Retrieved 2014-09-13.
  2. ↑ Tesla Timeline - 923: Tesla Moves To Hotel Marguery
  3. ↑ "Peter J. M'Coy, 70, Former U.S. Aide". The New York Times. New York City, New York. July 19, 1958. p. 15. Retrieved April 12, 2017.
  4. ↑ Carter B. Horsley. "The Midtown Book". The City Review. Retrieved 2018-02-21.
  5. ↑ "JPMorgan Chase Achieves LEED® Platinum Green Building Certification for Newly Renovated Global Headquarters in New York City". BusinessWire. 2012-01-18. Retrieved 1 December 2017.
  6. ↑ Bagli, Charles V. (2018-02-21). "Out With the Old Building, in With the New for JPMorgan Chase". The New York Times. ISSN 0362-4331. Retrieved 2018-02-22.
  7. ↑ MANHATTAN DOUBLES AS MOVIE SET: Henry Hathaway Looks For Realism and Finds It Here By THOMAS M. PRYOR. New York Times (1923-Current file) [New York, N.Y] 11 May 1947: X5.

Coordinates: 40°45′21″N 73°58′31″W / 40.7558°N 73.9754°W / 40.7558; -73.9754


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