developing

JPMorgan Chase Tower at WTC Site to Lose the Beer Gut

JP Morgan Chase Tower

A previous rendering of the tower, with beer belly.Photo: AP

We’re no closer to knowing when the toxin-clouded former Deutsche Bank building will come down from its corner at the World Trade Center site, but we have fresh reason to look forward to the JPMorgan Chase tower that’s supposed to replace it. Someone close to the process tells us that the ponderous bulge on the lower floors of the design (labeled a “beer belly” by some critics) has vanished from the plans. Early renderings indicated that the projection would hold the bank’s trading floor, but it was received negatively by preservationists. The building still must negotiate a tangle of parking, security, and public spaces while offering wide, high trading floors, says our source. “Amenity floors and cafeterias and conference centers add up to different sizes,” the insider explained. So some creative structuring beyond the standard straight tower model may still be required. But we have it on good authority that the architecture will be more sloping than slouching. That is, of course, if the state clears the site up before JPMorgan gets tired of waiting and starts considering other locations… —Alec Appelbaum

JPMorgan Chase Tower at WTC Site to Lose the Beer Gut