Feb. 21 (UPI) -- JPMorgan Chase unveiled plans on Wednesday to demolish its headquarters in New York City and build a replacement on the same site.
JPMorgan Chase CEO Jamie Dimon said by constructing the 2.5-million square feet space in Midtown Manhattan, the bank is "recommitting ourselves to New York City while ensuring that we operate in a highly efficient and world-class environment for the 21st century."