- Gale Brewer - https://www.manhattanbp.nyc.gov -

Brewer says no to JPMorgan Chase zoning proposal for 270 Park Avenue

NEW YORK – Manhattan Borough President Gale A. Brewer issued her formal ULURP recommendation [1]on the zoning text amendment proposed by JPMorgan Chase for its new headquarters building at 270 Park Avenue. In her recommendation, she rejected the proposal because it came without adequate public realm improvements and it breaks with the standards set by the East Midtown rezoning enacted in 2017.

“The East Midtown rezoning was meant to balance density, transit, and the public realm infrastructure needs of the Midtown community,” said Manhattan Borough President Gale A. Brewer. “This proposal ignores that balance, developed over the course of scores of meetings with urban planners and stakeholders in the community, as well as the exhaustive ULURP process, and as a result I must urge that the text amendment as written be rejected.”

In her recommendation, Brewer outlines the following steps JPMorgan Chase should take to improve their proposal, among others.

270 Park Avenue, the JPMorgan Chase headquarters, is the first development to occur since the East Midtown rezoning. The company proposes to demolish the existing building and build a new, higher and denser building.

The full recommendation is downloadable here as a PDF [1].