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Old Posted Feb 22, 2018, 5:14 AM
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https://www.businesswire.com/news/ho...n-NYC-Mayor-de

JPMorgan Chase CEO Dimon and NYC Mayor de Blasio Announce New, State-of-the-Art JPMorgan Chase Headquarters to Rise at 270 Park Ave

Company Will Collaborate Closely with Other Key Government Officials, Including New York City Council and Governor’s Office, to Quickly Move Process Forward


February 21, 2018


Quote:
“This is our plan for East Midtown in action. Good jobs, modern buildings and concrete improvements that will make East Midtown stronger for the hundreds of thousands of New Yorkers who work here. We look forward to working with JPMorgan Chase as it doubles-down on New York as its international home,” said Mayor Bill de Blasio.

New York State Governor Andrew Cuomo said: “New York State is the business capital of the globe, and our investments in workforce development and commercial enterprise have positioned us at the forefront of innovation and growth. JPMorgan Chase’s commitment to build their new, state-of-the-art corporate headquarters and support thousands of jobs here in New York is proof that our economic development strategies are successful, and I look forward to working with them to keep New York State’s momentum moving forward.”

The building’s modernized infrastructure and design, including 21st century systems and technology, would allow for improved business adjacencies, synergies and collaboration. Clients, shareholders and the surrounding community would benefit from this innovative project, which would also support the firm’s commitment to attracting and retaining best-in-class talent. The new building would house about 15,000 employees, replacing an outdated facility designed in the late 1950s for about 3,500 employees.



https://nypost.com/2018/02/21/jpmorg...ry-skyscraper/

Quote:
No architect has been selected yet, Joe Evangelisti, a bank spokesman, told The Post.

The announcement ends a beef between Dimon and de Blasio over $1 billion in tax breaks the company wanted in exchange for building two towers on the West Side. The deal fell apart, with Hizzoner calling the subsidies a “non-starter.”

But under the Midtown East Rezoning Plan, which the de Blasio administration ushered in last year, the city will get $61.49 per square foot to fund public improvements in the area, according to the announcement.
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