JPMorgan Chase & Co. plans to build a new 2.5 million square-foot headquarters at 270 Park Ave. in New York City, the first major project under a city rezoning plan designed to rejuvenate the building stock in one of its biggest job centers. The new building would replace the company’s current 1.5 million square-foot headquarters at the same address and consolidate offices in various locations throughout Midtown Manhattan, the company and city officials said Wednesday.

Source: Wall Street Journal February 21, 2018 12:33 UTC