Downtown

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

Work is progressing on the residential conversion and retail addition on the 90-year-old One Wall Street in the Financial District. Designed by SLCE Architects and developed by Macklowe Properties, the projected $1.5 billion undertaking is poised to be the largest office-to-condominium conversion in New York City history. When complete, the 654-foot-tall property will yield a total of 566 residential units with sales handled and marketed by Compass, as well as a 44,000-square-foot Whole Foods Market and a Life Time fitness center on the lower levels.

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First Marble Panels Installed on Santiago Calatrava’s St. Nicholas Greek Orthodox Church in the Financial District

The first marble slabs have begun installation on the curved central wall of Santiago Calatrava‘s St. Nicholas Greek Orthodox Church in the Financial District. Located by the intersection of Greenwich Street and Liberty Street on the elevated Liberty Park, the structure will serve as the new home for the long-established church that was formerly located to the west of the park’s footprint at 155 Cedar Street. The Port Authority of New York and New Jersey is developing the project, which sits directly to the south of the original 16-acre World Trade Center complex and rests above the subterranean ramps and southern entrance to the Vehicle Security Center.

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Five World Trade Center’s 900-Foot-Tall Redesign by Kohn Pedersen Fox Revealed, in Manhattan’s Financial District

In an exciting reveal for the ongoing redevelopment and rebuilding of the World Trade Center, Kohn Pedersen Fox has unveiled the first set of renderings for its proposed 900-foot-tall design for Five World Trade Center, aka 130 Liberty Street. The Port Authority of New York and New Jersey selected the winning bid at a board meeting on Thursday afternoon to allow Silverstein Properties, Brookfield Properties, Omni New York LLC, and Dabar Development Partners to lease the 1.56-million-square-foot mixed-use building under a 99-year ground lease.

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