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A blog from CityRealty (Links below will take you to the 6sqft site)

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270-Park-Avenue-03 Rendering of 270 Park Avenue with a finished 1 Vanderbilt and Tower Fifth via New York Yimby
In January 2019 a demolition permit was filed to bring down 270 Park Avenue, the current, but not-for-long headquarters of JPMorgan Chase. Fast-forward a nine months later and it appears the mid-century tower has been vacated and cloaked in construction netting and scaffolding. Now today, New York YIMBY has the first look at a rendering of the building's mammoth replacement: a 2.5 million square foot supertall skyscraper designed by Lord Norman Foster.
JPMorgan Chase's replacement is expected to rise approximately 1,425 feet tall, slightly higher than the spire of 1 Vanderbilt YIMBY notes. The new tower will have about 70 floors to accommodate more than 6,000 employees. As previously reported by CityRealty, the construction project will be the Grand Central office district's first major undertaking since the passage of the 2017 Midtown East Rezoning Plan, which made 78 blocks of Midtown available to larger, more modern skyscrapers. The tiered design is a nod to many of the city's wedding cake skyscrapers such as the old McGraw Hill Building on 42nd Street.
 
 
 
 
270-park-Avenue-0940
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McGraw Hill Building McGraw Hill Building finished in 1931
Bringing down the existing 52-floor, the 707-foot building will be the largest planned demolition in history, besting past NYC spires such as the 612-foot-tall Singer Building and the 517-foot-tall Deutsche Bank Building damaged on 9/11. The brooding glass metal tower was designed by Gordon Bunshaft and Natalie de Blois for Skidmore, Owings & Merrill, de Blois being one of the few senior female designers of the time. Construction was completed in 1961, and for nearly 50 years the tower held the record for the tallest building designed by a woman.
CTBUH-Demolitions CTBUH diagram showing the Tallest Demolished Buildings, which is available in the CTBUH Journal, 2018 Issue II https://store.ctbuh.org/journal/205-2018-journal-issue-ii.html
Full demolition work began in early 2019 and will be fully taken sometime in 2020. Once the new 270 Park is completed in 2024, it will become one of the tallest buildings in NYC and the hemisphere's tallest office building by roof height. In addition to containing over 2.5 million square feet of office space, plans for 270 Park entail the creation of at least 7,000 square feet of public space (still in debate) and ground-floor retail. The design team, led by Foster + Partners, will seek LEED certification, and the project is expected to create over 8,000 construction jobs for the city.
mid-October 2019 (CityRealty)
270-Park-Avenue-03 Looking north up Vanderbilt Avenue with 270 Park Avenue in the distance (September 2019)fr
270 Park Avenue-003 Likely the last Summer Streets for the current 270 Park
270-Park-Avenue-04 Recent photo of the Midtown East skyline with One Vanderbilt rising and 270 Park Avenue tucked away behind the old Bear Stearns Building (now owned by JP Morgan Chase)
270-Park-Avenue-03 270 Park Avenue looking up Vanderbilt Avenue in 2007 (Ondel/CityRealty)
270 Park Avenue (CityRealty)

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