Construction is continuing to progress on the residential conversion of the 90-year-old One Wall Street, a 564-foot-tall Art Deco skyscraper in the Financial District. Developed by Macklowe Properties, the project is expected to cost $1.5 billion and also features an exterior addition designed by SLCE Architects. The undertaking is the largest office-to-residential conversion in New York City history and will feature 566 new units with sales handled and marketed by Compass, as well as a new 44,000-square-foot Whole Foods Market and a Life Time fitness center on the lower levels. The site is bound by Broadway to the west, Wall Street to the north, New Street to the east, and Exchange Place to the south.
Photographs from above the Financial District show the progress on the new 21st century curtain wall that aims to blend with the traditional Art Deco-style fenestration. The floor-to-ceiling windows are significantly larger than the originals, while the stone panels in between are elegantly sculpted to pay homage to the overall architecture and stone craftsmanship of One Wall Street. These components of the exterior surface also create subtly charming plays of light and shadow that highlight the texture and depth of the design.
One Wall Street, seen to the left of 125 Greenwich Street. Photo by Michael Young
One Wall Street. Photo by Michael Young
One Wall Street. Photo by Michael Young
One Wall Street. Photo by Michael Young
There are two exterior mechanical hoists. One is found along the back of the main tower leading up to the crown and its geometric glass window of the White Room. This space is part of a 13,000-square-foot triplex penthouse with rooftop access and features mother of pearl Philippine shells that line the high ceilings.
One Wall Street. Photo by Michael Young
The second and shorter hoist is on the eastern end of the annex and is starting to come down.
One Wall Street. Photo by Michael Young
Below is an early rendering that depicts what the Whole Foods Market entrance is expected to look like. The large tiered glass walls will bring natural light into the store and visually open up more to the street. This would lighten the appeal of the ground floor compared to the previous condition, which was a continuation of the heavy looking grid of narrow windows stone columns.
One Wall Street with the new Whole Foods soon to come along Broadway. Rendering by DBOX for Macklowe Properties
YIMBY last reported that One Wall Street’s residences and the Whole Foods Market are both scheduled to open in sometime later this year.
Subscribe to YIMBY’s daily e-mail
Follow YIMBYgram for real-time photo updates
Like YIMBY on Facebook
Follow YIMBY’s Twitter for the latest in YIMBYnews
Macklowe likes risk isn’t afraid of bankruptcy.
Looks good but unfortunately the market is very soft .
He might be better off going to auction starting 45% off ask price . Bidding will develop and then a discount of 22%.
Hopefully it doesn’t become a rental fiorwould have to offer 2 to 3 months free rent .
Gorgeous project.
These units will sell because the rich, as usual, just got richer during the pandemic as millions became much poorer while losing their health insurance.
This is how the rich always get richer.
Can’t the architecture just stand for itself sometimes, David?
I wonder who will be the lucky “part-time resident” for that 13,000 sq ft triplex penthouse with ‘mother of pearl’ ceiling?!
Perhaps Jeff? Bill? or even
the soon to be ex…Melinda?
Us mere mortals await! ?
Won’t be Musk he sold all his real estate. Called it a waste . Wont be Bill he is now tied to Epstein list likely reason for divorce . Melinda bought recently in Del Mar. Bezos lives further north.
Manhattan RE market has been setting all-time records in 2021, as the pandemic abates, and following a year where the market was essentially shut down. These units will sell very quickly.
Most luxury condos ars giving at least 20% to 25% discount . It is improving for prices are falling.
Probably looking at the steps, that you have taken out: Thank you.
A beautifully executed extension to an already beautifully executed building. Excellent.