JPMorgan Chase HQ: permits filed for largest planned demolition in history


[...] a demolition application was filed for 270 Park Avenue, the current, but not for long headquarters of JPMorgan Chase. The filing is a pivotal step for the bank, which plans to replace the 1.5 million-square-foot Modernist tower with a 2.5 million square foot supertall skyscraper designed by Lord Norman Foster.



The clock is ticking for the midcentury modernist HQ of banking giant JPMorgan Chase: despite preservationist and environmental concerns, the fate of 270 Park Avenue appears sealed, and the 50-story structure is likely to become the world's tallest building ever to be intentionally demolished.

"Full demolition work is slated to begin in early 2019, and a construction elevator has already been erected alongside the building," reports CityRealty. "Once the new 270 Park is completed in 2024, it will become one of the tallest buildings in NYC and the hemisphere's tallest office building by roof height." 

Two options for a Foster + Partners-designed replacement tower were revealed in November.

Alexander Walter via Archinect - News http://bit.ly/2U8Mx9K

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