Observations On The New York City Office Market: Flight To Quality, New Concepts, Repositionings And Conversions, Forbes, August 18, 2022

Macklowe Properties has spent the last eight years working on One Wall Street, the largest office-to-residential conversion project in New York City history, and now that the tower is nearing completion, the real estate market has seemingly shifted to meet it. In the wake of the COVID-19 pandemic, with demand for offices on the wane and the residential market booming, the addition of 566 luxury Financial District condos onto the market is a welcome turn of events for all involved. The once-home of the Irving Trust is also a monument to Manhattan’s architectural history, complete with an extended art-deco facade and a lobby featuring original mosaic tiling by Hildreth Meière.

All computer and/or artist renderings reflect the planned scale and spirit of the Building. All dimensions and square footages are approximate and subject to normal construction variances and tolerances. All depictions of personal or condominium property (including without limitation any furniture, decorations, furnishings, fixtures, appliances, and landscaping) and the maturity of the growth in any landscaping are for illustrative purposes only.

Where materials, equipment, finishes, fixtures, appliances, landscaping, and/or other construction or design details are displayed in the sales office or specified on marketing materials, Sponsor reserves the right to substitute in each instance one of comparable or better quality as recognized by industry standards for performance, efficiency, longevity, and/or classifications, as applicable, in accordance with the terms of the Offering Plan.

Sponsor makes no representation that any future construction in the neighborhood surrounding the Condominium will not result in the obstruction of the views from any windows, gardens, and/or terraces. Sponsor makes no representation as to the continued existence of any of the named establishments located in the neighborhood or transportation lines.

Measurements and square footages are approximate and exceed the usable floor area. Sponsor reserves the right to make changes in accordance with the terms of the Offering Plan. Sponsor makes no representations or warranties except as may be set forth in the Offering Plan.

THE COMPLETE OFFERING TERMS ARE IN AN OFFERING PLAN AVAILABLE FROM SPONSOR. FILE NO. CD17-0216 SPONSOR: MIP ONE WALL STREET ACQUISITION LLC, 767 FIFTH AVENUE, 21ST FLOOR, NEW YORK, NY 10153.

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