One Wall Street’s Residential Conversion and Retail Addition Progresses in Financial District

One Wall Street. Rendering by DBOX

The residential conversion and retail addition at One Wall Street continues to take shape in the Financial District. Designed by SLCE Architects and developed by Macklowe Properties, the projected $1.5 billion undertaking is the largest office-to-condominium conversion in New York City history. In addition to the creation of 566 residential units with sales handled and marketed by CORE, the project will also add a 44,000-square-foot Whole Foods Market and a Life Time fitness center to the lower levels of the building.

Recent photographs track the state of work at the site, which is bound by Broadway, Wall Street, Exchange Place, and New Street. The back side to the New York Stock Exchange sits immediately to the east across New Street.

One Wall Street. Photo by Michael Young

A close-up shot of the topped-out expansion and multi-story addition atop the annex portion of One Wall Street shows the color of the curtain wall panels perfectly matching the remainder of the historic skyscraper. The textured, sculpted surfaces of the exterior cladding adhere with the multifaceted form of the Art Deco building’s crown. The installation of the floor-to-ceiling windows in the annex has yet to begin at this time.

One Wall Street, photo by Michael Young

Meanwhile, installation of the glass cladding on the retail section alongside Broadway that will house the Whole Foods market is nearly finished. The reflective panels, which are arranged in a wavy, angular pattern, create a bold contrast with the limestone façade of the original edifice while still presenting a cohesive overall look. Only a few more sections on the northern end and on the last floor below each stepped roofline remain to be enclosed.

One Wall Street. Photo by Michael Young

One Wall Street. Photo by Michael Young

YIMBY last reported that work on One Wall Street’s conversion should finish sometime this year, while the Whole Foods Market is likely to open in 2021.

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TFC Horizon
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17 Comments on "One Wall Street’s Residential Conversion and Retail Addition Progresses in Financial District"

  1. David in Bushwick | May 13, 2020 at 9:47 am | Reply

    Probably second only to the Chrysler Building, One Wall Street is simply a pre-war stunning work of art.

    • Yeah the builsing is nice. When buildings were built right. And fast.

      Pwrhaps it moat beautoful because it has a handcrafted feel rather than some high tech steel sheet tabs or whatever effect.

      But the site is in a bad site. The area has become more family friendly. But is there a market for passport travalers to purchase 3 million studios?

  2. One of my top ten. The Irving Trust Building. Beautiful setbacks and soaring art-deco theme from 1930, I think. I don’t live in the City anymore, but go back occasionally and try to keep up in my “retirement.” YIMBY is a guide. Thank you.

    • One wall street ia one big piece of meat. 1 mil sq feet.

      Never really saw intwrest in living in dry wall street area. At night its toasted college kids and tired businessmen.

      Dont know what social or hip scene there is there.

  3. Gustavo Suarez | May 13, 2020 at 12:26 pm | Reply

    The ground floor Red Room on the Wall Street, entirely covered in mosaic tiles, is stunning and I believed a protected interior landmark. However, the very top is reported to have an equally grand space with those large windows. There was a debate as to whether it would be preserved or not.. Do you know if it was?

  4. JOSEPH KOROM | May 13, 2020 at 1:37 pm | Reply

    David in Bushwick: I would have to add the Empire State Building, the Fred French Building, Chanin,RCA,and the New York Central. There are simply way too many to list.

  5. No one is going to want to live in NYC anymore. It’s over.

    • Words that have been repeated regularly over the history of the city. People leave. They are REPLACED and the city will be better than ever.

    • I partially side with u. It may sit for an additional year or teo with limited sales. It certainly wont sell out in 6months.

      Dont be surprised to see rent deala or concessions for early renters.

      The area doesnt pass the family friendly test. I mean its blocks of old towers. Few parks. No social spaces. There is a established multi building complex near gold st and the seaport.

      What would u be buying? A view of buildings? 4500 for a 2bedroom. If thats sounds great to u.

      • Better than ever? Seriously? LMAO! Tell that to people that remember the old Greenwich and East and West Villages,
        certain parts of Brooklyn, and Harlem.

  6. Randall Cummings | May 13, 2020 at 4:27 pm | Reply

    Randall The crown is stunning.

    • The old era beauty. The rebuild and repurpose will be hard to profit from. There needs to some recurring revenues as condo or coops.

      There needs to be some tax benefit.

  7. Magnificent! The blending of the contemporary street-level facade with the elegant limestone above works beautifully. Why do I think RAMS was involved when, in fact, he wasn’t?

  8. Looking forward to checking out this building on my next visit,
    post-Pandemic. Hopefully, it will be “mask free” by then?

  9. I spent 21 of my 35 year and counting banking career on the 30th floor of this magnificent building. The 47th board room was breathtaking, the 10th floor executive floor with The Bank of New York museum was stunning beautiful, but the ground floor Red Room was an absolute treasure. I have such fond memories of One Wall Street, in fact, a photo of it is prominently displayed in my home. I hope to return to see what has been done to my home away from home upon its completion.

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