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Tishman Speyer top candidate to develop 270 Park Avenue: report

Tishman Speyer top candidate to develop 270 Park Avenue: report

The 70-story tower JPMorgan Chase wants to build at 270 Park Avenue will likely be developed by Tishman Speyer, according to a new report. Sources told Politico New York that the bank and city officials are nearing a deal with the developer for a ground-up 2.5 million-square-foot office tower, made possible by a recent rezoning of Midtown East. To achieve the massive scale, JPMorgan Chase plans to buy roughly $42 million in air rights from […]


Source: realdeal

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