CORE

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

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.

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The Fitzroy Nears Full Completion at 514 West 24th Street, in West Chelsea

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.

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YIMBY Reveals Interior Renovations of One Wall Street’s Red Room, in Financial District

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.

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YIMBY Tours the Residential Conversion of One Wall Street, in Financial District

YIMBY went on a hard hat tour of One Wall Street, a historic, 51-story Art Deco tower designed by Ralph Walker and completed in 1931. Formerly the headquarters of the Bank of New York and Irving Trust Company, the Financial District icon is currently undergoing a $1.5 billion residential conversion and expansion. A five-story addition is underway and being constructed above the adjoining mid-century annex. SLCE Architects is serving the architect of record while Harry Macklowe of Macklowe Properties is the developer. CORE is handling sales and marketing of the planned 566 housing units.

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