JPMorgan’s Headquarters Plan Paves Way for Another Manhattan Tower
- Rudin Management wants to tear down Madison Avenue office
- NYC developer’s project to provide access to Grand Central
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JPMorgan Chase & Co.’s plan to erect a new Manhattan headquarters is clearing the way for the demolition of a nearby office building that would be replaced by a new tower.
Rudin Management Co. has approached city officials about a proposal to tear down 415 Madison Ave., a 24-story office building that is located about 500 feet from JPMorgan’s planned headquarters at 270 Park Ave., according to people familiar with the matter who asked not to be named because the matter is private.