Dwarfed by an enormous American flag hanging from the steel framing of what will become an 80-foot-high lobby, executives at JPMorgan Chase (JPMC) and elected officials unveiled the design of 270 Park Avenue with unusual defiance two days after 30 people were injured in a Brooklyn subway station shooting during the morning rush hour commute.
The incident is feared to set back Midtown Manhattan’s hopes to return to normalcy as Covid worries and work-from-home threaten the future of dense commercial cores. The unveiling of the design for the bank’s 1,388-foot-tall, 60-story headquarters three years after construction began may counter that narrative. It is intended to house as many as 14,000 employees.
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