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Old Posted Sep 18, 2018, 12:49 AM
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Quote:
Originally Posted by Hudson11 View Post
I wonder what the timeframe here is? If I remember, they said they want to have the building demolished by the end of 2019, which seems incredulous for a tower of this size, but I wouldnt doubt the resources of JP Morgan Chase.
They've got to move out of there first, largely to a building across the street that was expanded (390 Madison).


https://commercialobserver.com/2018/...t-390-madison/

Quote:
Financial giant J.P. Morgan Chase has leased the rest of L&L Holding Company’s 390 Madison Avenue, taking 436,905 square feet in the 32-story Midtown East office building, Commercial Observer has learned.

Its space includes a conference center, multiple outdoor terraces and several double-height amenity areas, plus a 24,000-square-foot Chase Bank branch on the ground floor. The banking and financial services firm will occupy half of the 850,000-square-foot building on a 10-year lease.

J.P. Morgan Chase announced it would knock down its existing headquarters at 270 Park Avenue and develop a new, 70-story headquarters in its place. 270 Park is conveniently located a block east of L&L’s project, which will make it easy for the bank to relocate thousands of workers when it decides to redevelop its current home.


https://www.390madison.com/chapters/exterior-building/


Quote:
Originally Posted by Amanita View Post
I care about this building, but thanks to my work situation I won't be able to make it to NYC before spring of next year at least. FML.
You will probably make it before any real change happens.
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