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JPMorgan Opens $3 Billion 60-Story Headquarters on Park Avenue

JPMorgan casts the building as a magnet for talent under its full-time office policy.

Overview

  • The 270 Park Avenue tower will house about 10,000 employees across 2.5 million square feet and serve as a model for the bank’s future offices worldwide.
  • Key features include biometric access, an employee app for food orders and meeting reservations, a drone port for deliveries, and eight floors of trading operations.
  • Amenities span a Danny Meyer–curated food hall, multiple cafés, an English-style pub, on-site medical services, a gym, and dedicated rooms for yoga, spin, mothers and meditation.
  • JPMorgan highlights sustainability and local impact, citing 97% recycling of the prior structure, an all-electric design with net-zero operational emissions, and an estimated $2.6 billion boost to New York’s economy.
  • The opening is a milestone for CEO Jamie Dimon, who pushed for office-based work, oversaw project details, and has reiterated plans to step down within five years.