The first major project under New York City’s rezoned Midtown East neighborhood in Manhattan will be a new 2.5-million sq ft headquarters for JPMorgan Chase, at 270 Park Ave., the company and Mayor Bill de Blasio jointly announced Wednesday.
The project is the first under the city's rezoning initiative, dubbed Greater East Midtown and approved in August, that aims to create 6.8 million sq ft of modern office space in a 73-block area anchored by Grand Central Terminal and bounded by Second Ave., Third Ave., Fifth Ave., 39th St. and 57th St.