Posted Apr 19, 2021, 9:26 PM
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New Yorker for life
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Join Date: Jul 2001
Location: Borough of Jersey
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https://www.businessinsider.com/jpmo...oposals-2021-4
We got a peek at JPMorgan’s latest plans for its new NYC headquarters, which show clues about how the bank views the future of office work
Daniel Geiger
April 19, 2021
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.....Dimon’s pledge to downsize, though, doesn’t seem to apply to the brand-new headquarters that JPMorgan is building in midtown Manhattan for about 14,000 of its more than 250,000 employees. But while the firm is forging ahead with work on the $3 billion tower, which is set to begin rising this year and is slated for completion in 2024, it’s adapting its interior design to the times.
A construction document provided to Insider by a source with direct knowledge of the bank’s real-estate plans hinted at the shift that JPMorgan envisions for the layouts in its headquarters space. The firm plans to utilize what it calls a “universal design” for the interior of the 1,425-foot tower at 270 Park Avenue.
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The document, a request for proposals recently released by the bank to procure a construction manager for the skyscraping project, said the ideal interior for the 2.5 million-square-foot skyscraper will be able to accommodate multiple configurations. A spokesperson for JPMorgan Chase told Insider the bank was pursuing a flexible design both in response to the pandemic and as part of a strategy predating COVID-19 in which it sought to make its workspaces more malleable to shifting work practices and habits.
“We are learning from this year, and always design our spaces to be flexible to adapt to any business or market changes,” the spokesperson said.
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Now more tenants are trying to build adaptability into spaces to accommodate the office’s evolving and uncertain role in the future. The office may be a place for employees to work only part of the time or on specific tasks or projects, or where they gather primarily for group work, meetings, or events.
“270 Park Avenue is an example of a building that probably has a four- or five-year time frame before it’s finished, but they need to design it in the next year or so during a very fluid period,” said Emily Sobel, an architect and senior director at Savills who focuses on office design. “We’re in a moment of peak change, and designers have a heavy lift to take what we already knew was a need for flexibility and now future-proof it.”
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