JPMorgan prepares to demolish HQ to build new one

As JPMorgan prepares to demolish its old headquarters at 270 Park Ave., archpaper.com reports that a work elevator has popped up alongside it. The 52-story structure is to come down so the bank can put up a modern, 70-story headquarters tower. We'll take it as a sign that JPMorgan intends to move swiftly on its...