The residential conversion of One Wall Street is continuing above the streets of the Financial District and is the largest office-to-condominium conversion project in New York City real estate history. Down at street level, work is moving along on the upcoming 44,000-square-foot Whole Foods Market that will open at the corner of Broadway and Exchange Place. The glass curtain wall addition protrudes from the mid-20th century annex of the property and will also include a Life Time fitness center on the second floor. SLCE Architects is the architect of record, and Macklowe Properties is the developer of the $1.5 billion project. CORE is handling sales and marketing of the planned 566 residential units above the new retail space.
Work is moving along at One Wall Street, the largest office-to-condominium conversion project in New York City real estate history. The Financial District building has been steadily making progress with its interior makeovers, including the soaring oxblood and orange-colored walls and ceilings of the historic Red Room. Meanwhile, the glass curtain wall for the retail addition on the lower levels, as well as the multi-story addition atop the mid-century annex are becoming more prominent. SLCE Architects is the architect of record, and Macklowe Properties is the developer of the $1.5 billion project. CORE is handling sales and marketing of the planned 566 residential units.
Installation of The Fitzroy’s Art Deco-inspired exterior recently wrapped up at 514 West 24th Street in Chelsea. The residential building’s sidewalk scaffolding has been dismantled and the final remaining touches on the ground floor are almost complete. The large canopy that hangs over the front door is installed, while several marble slabs at the base of the structure remain covered in a protective cardboard. This should be imminently removed, fully revealing the richly textured and dark-colored façade. The L’Observatoire International-designed spotlight fixtures, which will illuminate the glazed terra cotta panels and copper-framed windows, are all in place. The 65,300-square-foot project is being designed by Roman and Williams and developed by JDS Development and Largo Investments. Residences start at $5.6 million and are being marketed by CORE.
In the midst of the largest office-to-condo conversion in New York City history at One Wall Street, its famous Red Room is undergoing a 16-month-long renovation. Designed in 1931 by renowned muralist Hildreth Meière, the former banking hall’s walls and ceilings are lined with 8,911 square feet of oxblood, orange, and gold glass tile mosaic, some of which has become damaged over the years. The Red Room will likely serve as retail space when the building reopens, which is expected to be in 2021. Macklowe Properties is the developer of the $1.5 billion Financial District conversion and expansion. CORE is handling sales and marketing of the planned 566 housing units in the rest of the Ralph Walker-designed skyscraper. SLCE Architects is serving as the architect of record.
Real estate agency CORE has released new renderings of 165 Chrystie Street, a new condominium development from ODA Architecture on the Lower East Side. Sales have launched for the ten-story building, which features a slim profile, an asymmetrical concrete façade, and private outdoor balconies for the residences.