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JPMorgan plans soaring HQ in Midtown

Pedestrians pass the JP Morgan Chase & Co. headquarters in New Yor on July 6, 2012. Foto:: Scott Eells/Bloomberg

It will be the house that Jamie Dimon built -- a soaring monument to JPMorgan Chase & Co. and, in some ways, to its longtime CEO.

JPMorgan announced on Wednesday it will tear down its Park Avenue headquarters and construct a modern tower that will mark a new era for both midtown Manhattan and the lender. The monument to the success of the largest U.S. bank will set in motion a years-long logistical feat that likely will culminate about the time that Chief Executive Officer Dimon, 61, hits retirement...

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