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Discussion Starter #1
this is the first redevelopment project slated for midtown east following the neighborhood's rezoning to create a more modern stock of office space.

Out With the Old Building, in With the New for JPMorgan Chase

JPMorgan Chase announced on Wednesday that it will demolish its headquarters on Park Avenue between 47th and 48th Streets and build a new 70-story world headquarters on the site for its 15,000 employees.
The building would be the first skyscraper to go up under new zoning rules for the area surrounding Grand Central Terminal, which were designed to encourage the development of taller, more modern skyscrapers and ensure that Midtown remains one of the city’s premier business districts.
The new tower will soar as much as 500 feet higher than the existing 52-story headquarters on the west side of Park Avenue and contain an additional one million square feet of office space.
Chase is expected to buy unused development rights from nearby buildings, generating more than $40 million for public improvements to the streets, pedestrian plazas and sidewalks in the neighborhood under the new zoning plan.
[...]
New 70-story JPMorgan Chase tower will be the first project under Midtown East rezoning



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Designed by SOM and Completed in 1960 for the Union Carbide Corporation, this 707ft, 52 story building could become the largest skyscraper voluntarily demolished if JP Morgan Chase chooses to go that route.

https://www.som.com/projects/union_carbide_corporation_headquarters

 

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As an Architect in training and enthusiast, this is one of the saddest story's i've read.
 
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All Rise
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Discussion Starter #3

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it's begun. http://a810-bisweb.nyc.gov/bisweb/JobsQueryByNumberServlet?requestid=1&passjobnumber=123656640&passdocnumber=01&_ct=77jqp8gu9jll&restore=1

1. Location Information (Filed At)
House No(s): 270
Street Name: PARK AVENUE
11. Job Description
FULL DEMOLITION OF 52 STORY TOWER STRUCTURE AND 13 STORY PODIUM STRUCTURE USING PARTIAL MECHANICAL EQUIPMENT.
13. Building Characteristics
[...]
Building Height (ft.): 708
Building Stories: 52
 
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