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Originally Posted by SamInTheLoop
They did decide to put their new NY hq in a super-traditional office area in Midtown East, that may or may not be a clue.
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They did, however, put 300K+ sq ft of office space next to Hudson Yards about 7 years ago, though one of those floors (75K to 100K sq ft) was put up for sub lease during the pandemic. But they still have something like 250K sq ft there with 1800-2000 employees there. This is in the same building as Amazon. It's mainly tech workers there for Chase. Chase has hired tons of tech workers in Chicago as well as NYC, Dallas area, etc in the last small handful of years so being in Fulton Market as they try and attract top talent fits in with an image of Fulton Market/West Loop way more than The Loop. In Chicago, an increasing percentage of the workforce these days is tech for JPMC.
No idea if they'll take up 725 W Randolph - but don't count it out. I have to wonder why Crains seems to single them out though other than once upon a time touring some sites in the area. It could easily be some other company for all we know, though. I could be wrong but something tells me they aren't going to build 1 million square feet of office space entirely on spec.
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