NEW YORK – An electrical fire in the basement sparked an evacuation Thursday morning at 270 Park Avenue, one of the largest demolition projects in New York City and the country. About 200 workers had to be evacuated.
The FDNY said it responded at 7:25 a.m. to a fire in a Con Ed vault in the building’s basement. Operations were still ongoing an hour later, although there were no reports of injuries.
The former worldwide parent company of JP Morgan, the building now has approximately 30 floors of its original 52. The Council on Tall Buildings and Urban Habitat considers it to be the tallest structure ever voluntarily demolished.
JP Morgan Chase intends to build a new higher headquarters on the site once the demolition work is completed