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

One Wall Street. Rendering by DBOX

Work is nearing completion on One Wall Street, the largest office-to-residential conversion project in New York City’s history. Developed by Macklowe Properties, the 21st century overhaul is expected to cost around $1.5 billion, transforming the 90-year-old, 564-foot-tall Art Deco skyscraper with a multi-story addition designed by SLCE Architects as well as a 44,000-square-foot Whole Foods Market and a Life Time fitness center on the lower levels. The Financial District property will yield 566 new units with sales handled and marketed by Compass.

Since our last update in May, façade installation has concluded on the new annex and work has wrapped up on the stepped, glass-clad addition at the southwest corner. Construction elevators remains attached to the main tower and annex as interior work continues, but both should be dismantled in the next few months.

One Wall 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

One Wall 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

One Wall Street and the New York Stock Exchange. 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

One Wall Street. Photo by Michael Young

The following photos give a better look at the newly constructed section of the building and its floor-to-ceiling windows and precast stone panels, which were designed to match the styling of the original structure.

One Wall Street. Photo by Michael Young

It also looks like all the windows have now been replaced with modern, energy-efficient glass.

One Wall Street. Photo by Michael Young

One Wall Street. Photo by Michael Young

One Wall Street’s residences and the Whole Foods Market are both expected to open sometime later this year.

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7 Comments on "One Wall Street’s Residential Conversion and Retail Addition Nears Completion in Financial District"

  1. David : Sent From Heaven. | August 5, 2021 at 8:23 am | Reply

    It feels like New York City with this tall building, maybe it’s not the glass wall that covers it all: Thanks to Michael Young.

  2. The ‘addition’ reminds us how great the original is.

  3. Mr. Galikanokus | August 5, 2021 at 9:06 am | Reply

    Hey, Michael Young, why don’t you mention who the GC/CM is on a lot of these projects you write about? It’s great that you mention who is developing it and who designed it, but someone has to actually build it. Don’t you think they (JT Magen in this case) should get some credit?

  4. For a marvel like One Wall Street, I think this overhaul has been done phenomenally.

  5. This has taken FOREVER.

  6. David in Bushwick | August 5, 2021 at 10:55 am | Reply

    Glad to see the stunning building gain a new life. Many more old towers will likely be converted to housing.
    I will ignore the very awkward picture window on the annex new rooftop addition…

  7. It’s quite beautiful but note that the apartments have to average at least 3 million in cost for the developers to break even.

    Anyone giving odds on that in this market?

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