The Real Deal New York

JPMorgan scoping out office space on West Side

Company is also reportedly moving some of its employees to New Jersey and Delaware
August 11, 2014 08:30AM

JPMorgan Chase is talking to several developers about potentially moving its headquarters.

Reportedly, the financial giant is also relocating part of its employees to New Jersey and Delaware from its current headquarters at 270 Park Avenue.

According to the New York Post, JPMorgan is reviewing its real estate strategy.

In recent months, Chief Executive Officer Jamie Dimon has looked at Related Properties’ 50 Hudson Yards, the proposed 2.3 million-square-foot skyscraper at 504-522 West 34th Street. JPMorgan has reportedly also talked with Brookfield Properties about its Manhattan West project, with Vornado Realty Trust about the Hotel Pennsylvania development site as well as with the Durst Organization about the World Trade Center. [NYP] — Claire Moses