Chase Plans New 70-Story HQ in New York’s Midtown

JPMorgan Chase plans to develop a new 70-story headquarters on New York’s Park Avenue, where its existing HQ now sits. The site at 270 Park Ave., between 47th and 48th Streets, is envisioned to house a tower that could rise as much as 500 feet higher than its current 52-story building and include more than one million square feet of additional office space.

The development would be the first high-rise under new zoning regulations for the area surrounding Grand Central Terminal. Those rules encourage development of taller, modern buildings, and are envisioned to maintain Midtown’s role as a top business district.

The bank is expected to start demolishing its building early next year, and hopes to move into its new home for 15,000 employees in five years. In the interim, Chase will reportedly lease space at nearby buildings, including 237, 245 and 277 Park Avenue, as well as 390 Madison Avenue.

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Dennis Kaiser is Vice President of Public Relations and Communications for Connect Creative. Dennis is a communications leader with more than 40 years of experience including as a journalist and in corporate and agency marketing communications roles. He is responsible for Connect Creative’s agency client services and is involved in a range of initiatives ranging from public relations and content strategy, communications and message development, copywriting, media relations, social media and content marketing services. Prior to joining Connect Media in 2015, his most recent corporate communications roles involved leading a regional public relations effort across Southern California for CBRE, playing a key marketing role on JLL’s national retail team, and directing the global public relations effort at ValleyCrest (BrightView), the nation’s largest commercial landscape services company. He has worked on marketing communications assignments for such CRE companies as Blackstone/Equity Office, Carlyle, Caruso, Disney Resorts, GE Capital, Irvine Company, Hines, Howard Hughes Corp., Jeffries, Lennar, MGM, Marcus & Millichap, Prologis, Raleigh Studios, Simon, Starwood, Trammell Crow Company, Transamerica, UBS and Wynn Resorts. Dennis has also worked on communications and launch strategies for a number of consumer electronic, media and tech brands including SlingMedia, Channel Master, Deluxe Media Entertainment, BeIn Sports, EchoStar and Sprint. Dennis’s agency background included firms such as Off Madison Ave., Idea Hall and Macy + Associates. He has earned an outstanding reputation with organization leaders as a trusted advisor, strategic program implementer, consensus builder and exceptional collaborator. Dennis has developed and managed national communications programs for Fortune 500 companies to start-ups, both public and private. He’s successfully worked with journalists across the globe representing clients involved in major-breaking news stories, product launches, media tours, and company news announcements. Dennis has been involved in a host of charitable and community organizations including the American Cancer Society, Easter Seals, Boy Scouts, Chrysalis Foundation, Freedom For Life, HOLA, L.A.’s BEST, Reach Out and Read, Super Bowl Host Committee, and the Thunderbirds Charities.

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Chase Plans New 70-Story HQ in New York’s Midtown

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Chase Plans New 70-Story HQ in New York’s Midtown

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About Dennis Kaiser