LPC To Review Proposal For Ground-Floor Retail Conversion At 23 Wall Street In Financial District, Manhattan

Rendering of proposed changes to 23 Wall Street, via LPC proposal.

The New York City Landmarks Preservation Commission (LPC) is set to review plans today for the ground-floor retail conversion of 23 Wall Street, a four-story landmarked building in Manhattan’s Financial District. Designed by BP Architects and developed by JTRE Holdings, the project would introduce new storefront entrances, display windows, and tenant signage to the roughly 160,000-square-foot structure. The scope also includes a proposed ADA lift at the first floor. The property is located between William and Broad Streets.

Rendering of proposed changes to 23 Wall Street, via LPC proposal.

Renderings and elevations filed with the LPC show the work concentrated at the building’s base. Along Wall Street, new masonry openings would be cut within a recessed bay at the eastern end of the façade for fire-rated antique bronze doors, a 3-foot single and a 5-foot-10-inch double, both with insulated glass, beneath non-illuminated, pin-mounted tenant signage in 8-inch antique bronze letters. Along Broad Street, sections of infill wall would be removed to reopen original window bays, which would be fitted with fixed low-E insulated glazing in thermally broken aluminum frames set behind the building’s historic window grilles.

The grilles would be carefully removed, salvaged, cleaned, and refinished to match the historic finish before reinstallation, existing bi-fold doors would be modified so that all panels operate, and the Tennessee marble façade and base would remain throughout.

23 Wall Street, via LPC proposal.

Completed in 1914 as the headquarters of J.P. Morgan & Co. and designed by Trowbridge & Livingston, the building was known simply as “the corner” and never bore the firm’s name on its exterior. Its façade still carries unrepaired shrapnel scars from the 1920 Wall Street bombing, which J.P. Morgan & Co. refused to repair in defiance of the perpetrators. The structure was designated an individual New York City landmark on December 21, 1965.

23 Wall Street, via LPC proposal.

23 Wall Street has been largely vacant since the late 2000s. JTRE Holdings principal Jack Terzi secured control through a 99-year lease in January 2020, following a years-long legal battle with former owner China Sonangol. The landmark site is alternately addressed as 3 Broad Street.

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12 Comments on "LPC To Review Proposal For Ground-Floor Retail Conversion At 23 Wall Street In Financial District, Manhattan"

  1. its been squating there like a mysterious tomb so this is great news the building will finally be put back into service and open to the public.

  2. Movie set aura..

    • Market Differentiator | September 29, 2026 at 10:08 am | Reply

      Wall Street is one and only, can’t wait to see the future with these projects and retail conversions. Hope to see great businesses that bring one of kind experiences.

  3. yes, give some life back to this dead icon

  4. Excellent project

  5. David in Bushwick | September 29, 2026 at 10:21 am | Reply

    What retail?

  6. Honestly would be fitting (but a little drab) if they put a Chase branch in there. Feels like an Apple Store location

  7. Yes. Save the little gem

  8. Apple was the proposed store in 2006 but was decided against by their corporate as deliveries were too hard to coordinate with the secure zone.

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