432 Park Avenue Opens on Manhattan's Billionaires' Row
Harry Macklowe's 432 Park Avenue, then the world's tallest residential tower, officially completed in Manhattan in December 2015 after four years of construction.
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Grand Central Madison Opens After $11BN East Side Access Project
BESTÄTIGT82 % SICHERHEITHappened as dated, per the source[1]: "the station opened as scheduled on that date, with the first train leaving Jamaica at 10:45 am."
The MTA's East Side Access project opened Grand Central Madison, a new Long Island Rail Road terminal built in caverns roughly 150 feet beneath Park Avenue.
$11B
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JPMorgan Chase Opens Its New 270 Park Avenue Headquarters
BESTÄTIGT89 % SICHERHEITHappened as dated, per the source[1]: "JPMorganChase[2] officially opened its new global headquarters at 270 Park Avenue."
JPMorgan Chase held a ribbon-cutting for its new Norman Foster-designed global headquarters, a supertall replacement for the demolished Union Carbide Building.
$4B
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Omnicom Sets Out About 15,000 Job Reductions by the End of 2026
280, Park Avenue, Midtown East, Manhattan Community Board 5, Manhattan, New York County, New York, 10172, United States
Omnicom…
BESTÄTIGT85 % SICHERHEITOmnicom's 4 September 2026 release says CFO Phil Angelastro would present at the Goldman Sachs Communacopia + Technology Conference "on Thursday, September 10, 2026 at 8:10 a.m. Pacific Time"; the transcript of that session has him say 105,000 is "a pretty good estimate" for headcount "by the end of the year 2026", down from "about 120,000".[1]
Omnicom expects to end 2026 with about 105,000 staff, roughly 15,000 or an eighth fewer than the 120,000 it had after buying Interpublic, through merger cuts, outsourcing, offshoring and disposals.
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