The Financial District in Downtown Manhattan has seen the evolution of New York City since the very founding of the metropolis, charming residents and visitors with cobblestone streets, cultural institutions, and historic architecture. Now, as residents move into One Wall Street, the Art Deco skyscraper which led the area’s transformation into a world-class residential area, the next phase of luxury residential living in the historic neighborhood has begun.
One Wall Street, the largest office-to-condo conversion to date in New York City, carries all the hallmarks of the city’s new luxury buildings — a top-to-bottom redo by a name developer (Harry Macklowe), a private residents club, a 75-foot pool with sweeping views. But it’s not a building reserved for the super-rich, at least not by local standards. A large number of studios and one- and two-bedrooms, particularly in the darker, lower half of the building, are selling in the low millions.
One Wall Street has completed the largest office-to-residential conversion of a building in New York City history, the developers announced this week. The project is being celebrated with an unveiling of the building as well as immediate move-in opportunities and closings for residents.
Harry Macklowe’s One Wall Street is finally complete, and the developer is celebrating by releasing images of Residence 3404. Designed by interior designer Guillaume Coutheillas in conjunction with Macklowe himself, the home features art chosen by the legendary developer, as well as furnishings from the Mexican furniture studio Atra. The three-bedroom home, with views of New York Harbor, the Statue of Liberty, and the New York skyline, represents the best of what One Wall Street has to offer, including access to a suite of exclusive amenities, which range from a state-of-the-art fitness center to private meeting rooms and clubs, all of which pay homage to the tower’s art-deco heritage.
The Daily Beast takes readers on a journey through the history of One Wall Street — from its Gilded Age origins to its current incarnation as home to upscale condos and a much-needed Whole Foods Market. Built on what was, at the time, the “world’s costliest real estate plot,” the Irving Trust Company Building went up during the height of the skyscraper race and stood for decades as a monument to the city’s Art Deco phase. Developer Harry Macklowe led a joint venture to purchase the tower in 2014 and began converting the former bank headquarters into a diverse collection of luxury Financial District condos, which, along with the tower’s retail tenants (including Parisian department store Printemps as well as Whole Foods), are part of the movement to turn Downtown Manhattan from an office district into a thriving residential neighborhood.