About
"270 Park Avenue stands as JPMorgan Chase's new global headquarters — a 60-story, 1,388-foot tower completed October 21, 2025. Designed by Foster + Partners with Severud Associates as structural engineer and AECOM Tishman as construction manager, the 2.5 million square foot facility represents the largest all-electric, net-zero-operational-emissions commercial building in North America.
The development occupies a full-block site at Block 1283, Lot 21 in Manhattan's Midtown East subdistrict. JPMorgan Chase acquired 666,766 square feet of development rights from Grand Central Terminal for $208 million (NYC Department of Finance filings). The project delivered under the 2017 Greater East Midtown Rezoning framework—the first major supertall utilizing these FAR mechanisms."
Project Owner
JPMorgan Chase & Co
Is the project Net Zero Energy or Net Zero Energy Ready?
Net Zero Ready
Project Size in GSF
2.5M
Category of height
High-Rise
How is the building all-electric for heating?
Water-source Heat Pump (e.g. lake-source, ocean-source, wastewater-source)
What other systems are used for heating?
District Heating Electric
Is the service hot water all-electric?
Yes
What is the primary system type for domestic hot water?
Unspecified
On-site renewable energy
0%
Is the owner purchasing off-site renewable energy to offset all electricity consumption?
Yes
What is the climate zone for this project?
4A Mixed Humid