277 Park Avenue is an office building in the Midtown Manhattan neighborhood of New York City. It stands on the east side of Park Avenue between East 47th and 48th Streets, and is 687 feet (209 m) tall, with 50 floors. It is tied with two other buildings, 55 Water Street and 5 Beekman Street, as the 73rd tallest building in New York.
The building currently houses parts of JPMorgan Chase's Investment Bank, Commercial Bank, and other corporate functions. JP Morgan's takeover of Bear Stearns in 2008 resulted in most investment banking employees moving to 383 Madison Avenue to reduce the leased real estate footprint in Midtown. 277 Park Avenue remains under the ownership of the family-owned Stahl Organization, the building's original developer. Previous tenants have included Penthouse Magazine, Schlumberger, Donaldson, Lufkin & Jenrette, and Chemical Bank (predecessor to JPMorgan Chase).
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