277 Park Avenue | |
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277 Park Avenue
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General information | |
Status | Complete |
Type | Office |
Location | 277 Park Avenue, Manhattan, New York City, New York |
Coordinates | 40°45′20″N 73°58′31″W / 40.755515°N 73.975153°W |
Construction started | 1962 |
Completed | 1964 |
Opening | July 13, 1964 |
Owner | Stahl Organization |
Management | Stahl Organization |
Height | |
Roof | 687 ft (209 m) |
Technical details | |
Floor count | 50 |
Floor area | 1.5 million square feet (139,000 m2) |
Design and construction | |
Architect | Emery Roth & Sons |
Developer | Stanley Stahl |
277 Park Avenue is an office building in the Midtown Manhattan neighborhood of New York City. It stands on the east side of Park Avenue between 47th and 48th Streets; it is 687 feet (209 m) tall, with 50 floors.
The building currently houses parts of JPMorgan Chase's Investment Bank, Commercial Bank, and other corporate functions. JP Morgan's takeover of Bear Stearns in 2008 resulted in most investment banking employees moving to 383 Madison Avenue to reduce the leased real estate footprint in Midtown. 277 Park Avenue remains under the ownership of the family-owned Stahl Organization, the building's original developer.
Previous tenants have included Penthouse Magazine, Schlumberger, Donaldson, Lufkin & Jenrette, and Chemical Bank (Predecessor to today's JPMorgan Chase). The office building opened on July 13, 1964.
An apartment building designed by McKim, Mead, and White previously occupied the site. One tenant of that building was the presidential campaign of John F. Kennedy.