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flag JPMorgan Chase opens its new 60-story, all-electric NYC headquarters, marking a major step in the city’s office revival.

flag JPMorgan Chase has opened its new 60-story, $3 billion headquarters at 270 Park Avenue in New York City, replacing the former Union Carbide Building and becoming the fourth-tallest structure in Manhattan. flag The 2.5 million-square-foot tower, designed by Norman Foster, is the city’s largest all-electric skyscraper, powered entirely by hydroelectricity and designed for net-zero emissions. flag It will house about 10,000 of the bank’s New York-based employees, feature eight floors of trading operations, public plazas, and food vendors, and includes engineering solutions to accommodate rail lines beneath the site. flag The October 21, 2025, opening, attended by Governor Kathy Hochul, marks a key moment in New York’s post-pandemic office resurgence, with vacancy rates at their lowest in five years.

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