But this being New York, to build anything new, first you have to knock something down.īack in 2019 Manhattan said goodbye to the previous incumbent of 270 Park Avenue: the Union Carbide Building. Designed by superstar architects Foster + Partners, at 423-metres high, it will take up an entire city block on one of the most exclusive streets in Manhattan. The USD $3BN building is destined to become the new headquarters of banking giant JPMorgan Chase. At 270 Park Avenue a luxurious, supertall skyscraper is emerging which, it’s hoped, will help the capital of the world keep its crown.Īboe: 270 Park Avenue as it will appear on the New York skyline. So, NYC is fighting back the only way it knows how, by building big. Changes in post-covid working patterns, competition from other hubs and crippling apartment rents are creating a nightmare for the City of Dreams. Ok, maybe not …īack in the real world, New York is starting to lose its edge as the world’s financial centre. Wall Street remains the unrivalled centre of global finance, there’s an insatiable demand for office space, housing is high quality and affordable, the subway is a world leader in reliability and the city air smells of roses and freshly cut grass. IT’S BEEN nearly a century since New York’s skyscraper boom saw it transform into an iconic, world class city and still after all this time, things in the Big apple are looking peachy. This article and video contain paid promotion for Brilliant.
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