JPMorgan Chase Supertall Continues Ascent at 270 Park Avenue in Midtown East, Manhattan

Construction is continuing to ascend on 270 Park Avenue, JPMorgan Chase‘s new 60-story supertall headquarters in Midtown East. Designed by Norman Foster of Foster + Partners and developed by Tishman Speyer, the 1,388-foot-tall skyscraper will yield 2.5 million square feet of office space and will set the record for the tallest New York City building to be fully powered by a hydroelectric power plant. 270 Park Avenue is rising on a full-block parcel bound by Park Avenue to the east, Madison Avenue to the west, East 47th Street to the south, and East 48th Street to the north.

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413 Summit Avenue Climbs Beyond Halfway Mark in Jersey City, New Jersey

Construction has passed the halfway mark on 413 Summit Avenue, a 19-story residential tower in the Journal Square section of Jersey City. Designed by Uforma and developed by Titanium Realty Group, the 125,000-square-foot structure will yield 148 units in studio to two-bedroom layouts, as well as 4,900 square feet of ground-floor retail space and on-site parking for 16 vehicles. The project is located on a plot between Sip Avenue to the north and Newkirk Street to the south, a short walk from the Journal Square PATH station with access to downtown Jersey City, the World Trade Center, Newport, Hoboken, Midtown, and Newark Penn Station.

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