JPMorgan Chase Still Moving ‘Full Steam Ahead’ on New Headquarters
CEO Jamie Dimon makes clear in his annual shareholders’ letter that hybrid and remote work won’t derail plans for the new tower near Grand Central
JPMorgan Chase, the largest U.S. bank by assets and the largest private occupier of office space in Manhattan, is “moving full steam ahead” on the construction of a new headquarters at 270 Park Avenue, despite marked shifts in office usage by the bank and other major companies, according to Chairman and CEO Jamie Dimon’s annual shareholders letter out April 4.