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270 Park Avenue

In February 2018, JPMorgan announced they would demolish the current building on site to make way for a newer building that will be 715 feet (218 m) taller than the existing building. The tower would thus become the tallest voluntarily demolished building in the world, as well as the third-tallest ever to be destroyed, after the World Trade Center Twin Towers. The demolition began in 2019, and the new building will be completed in 2024. The replacement 1388 ft and 63-story headquarters will be able to fit 15,000 employees, whereas the current building fits 6,000 employees in a space that has a capacity of 3,500.