Posted Nov 11, 2022, 3:01 PM
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New Yorker for life
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Join Date: Jul 2001
Location: Borough of Jersey
Posts: 51,919
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Originally Posted by Drcastro
It’s getting close to the height of the old building already  |
Yes, it is. And it seems like only yesterday that we were contemplating the demolition of the old one. (There may be someone around who can remember the demo of the one before that).
https://www.costar.com/article/19345...-of-the-office
Here's What JPMorgan's Head of Global Real Estate Sees As the Future of the Office
David Arena Wants More Adaptable Buildings and Office Furniture
By Candace Carlisle
November 10, 2022
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David Arena, JPMorgan Chase’s head of global real estate, has his work cut out for him: Create a sense of timeless wonder at the office for the largest U.S. bank's thousands of global clients and employees.
But it all starts with the chairs.
While the goal of his team in planning what will be JPMorgan Chase's new headquarters in New York City is to design a future-proof tower to serve as the epicenter for the banking giant, he knows it will be the seemingly mundane parts of the building and its furnishings, where office workers connect with the structure, that count.
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Comfort and ease of use can be even more important to employees than the fact that the skyline-changing, 60-story tower is designed to be powered by a hydroelectric plant, making it New York’s largest all-electric skyscraper. And there's plenty of opportunity to provide comfort at 270 Park Ave. in Manhattan, expected to be home to up to 14,000 bank employees across 2.5 million square feet once completed in 2025.
Arena believes the next big change in the office will be centered on the once-lowly office chair. Not only is the design of the building important, but office furniture at the headquarters will be designed to support the human body — with chairs that support the head and neck, Arena said, like a customized gaming chair.
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”You watch, there will be a revolution around chairs in the next two years," Arena said.
Office chairs are evolving as the long- and short-term effects that ergonomics have on the body become more well-known. Office chairs of the future are expected to be able to accommodate and support sitting for long periods, with a focus on flexibility and mobility.
JPMorgan Chase's new headquarters has other features that hint at the future of the office. The tower, which is being developed by Tishman Speyer and was designed by Foster + Partners, is expected to have 50% more communal spaces and 25% more volume of space per person. That will offer employees more choices in how and where they work, Arena said.
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The project's design includes living walls covered by plants, with even more plants making appearances throughout the office. As well as ergonomic furniture, another comfort feature is advanced heating and air conditioning to continuously clean air in the building brought from outside. And there's an increased use of touchless technology.
The building is also designed to bring in 30% more daylight than typical developer-led speculative office buildings with the use of circadian lighting, a smart tech concept that mimics the sun's natural light cycle using intensity and color tuning.
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The design is centered on adaptability, with everything in the office — aside from the floor and the ceiling — being part of the furniture system, he said. That includes modular walls that can quickly transform offices into a larger conferencing center and movable furniture, Arena said.
"We could be very wrong with what we are building," Arena said during a panel discussion on the future of office space at the Urban Land Institute's fall meeting in downtown Dallas late last month. "If we are wrong, we'll remove or rearrange the furniture. It's all engineered in a way that's modular, on a grid system in the building, with the ability to move furniture around without having to change the ceilings or the floors."
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Even though JPMorgan Chase has used augmented reality and virtual reality in various situations, Arena said there's no replacement for being in an office, in real life.
……Outside of the Park Avenue project, JPMorgan wants to keep its options open in terms of future office leases, Arena said, adding that he is a fan of the bank's landlords, such as Tishman Speyer and Hines, offering shorter, flexible lease terms.
This could help JPMorgan with office space options outside its headquarters as needed, he said. Arena, who "loves the coworking model," said the bank likes having options — even if it means paying a higher rental rate — as it waits to see what the future holds.
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NEW YORK is Back!
“Office buildings are our factories – whether for tech, creative or traditional industries we must continue to grow our modern factories to create new jobs,” said United States Senator Chuck Schumer.
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