The $11-billion project to link Long Island, NY to Manhattan's Grand Central Terminal via train lines is set to finish in late 2022 after a decades-long journey.
JPMorgan Chase's new headquarters is the first major project under New York City's rezoning initiative, dubbed Greater East Midtown and approved in August, that aims to create 6.8 million sq ft of modern office space in a 73-block area anchored by Grand Central Terminal.
A groundbreaking ceremony was held this week for One Vanderbilt, a 1,401-ft office tower that will rise between Vanderbilt and Madison avenues and 42nd and 43rd streets.
