NEW BANK
When JP Morgan & Co.’ s 23 Wall Street HQ building – affectionately known as the‘ House of Morgan’ by workers – was opened in New York in 1914, it was widely celebrated for its architecture and craftsmanship.
Though diminutive by today’ s standards, the four-storey building was even lauded by one New York real estate journal as‘ a rival to the Parthenon’. If that was the sentiment then, it begs the question as to what that same journal would make of its successor.
On 21 October, the global financial services firm officially opened its colossal new global headquarters building at 270 Park Avenue – a US $ 3bn skyscraper designed by Foster + Partners and billed as the workplace of the future.
The JPMorganChase Tower rises a quarter of a mile over the city, will accommodate 10,000 employees and is designed with a focus on sustainability, wellbeing and smart technology.
Speaking at the opening ceremony, JPMorganChase Chairman and CEO Jamie Dimon says:“ For more than 225 years, JPMorganChase has been deeply rooted in New York City. The opening of our new global headquarters is not only a significant investment in New York but also a testament to our commitment to our clients and employees worldwide.
“ By creating world-class environments where our employees can thrive, we are strengthening our ability to serve our clients and communities – locally and globally – for generations to come.”
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