Acquired by Macklowe Properties in 2014, One Wall Street is a landmark 50-story limestone Art Deco tower that holds a distinct position on the New York skyline. Located in Manhattan’s Financial District it occupies an entire block at the corner of Broadway and Wall Street with the landmark New York Stock Exchange to the east. The building was originally built for the Irving Trust Company in 1931 by the prominent architect Ralph Walker and up until September 30, 2015, served as the global headquarters for The Bank of New York Mellon Corporation.
The developers are bringing 560 condominiums and rental apartments to the tower. Robert A.M. Stern and SLCE Architects have been tapped for design, but because the building is a New York City landmark, the exterior won’t change too much. Completion for the 944,000 square foot building is expected in 2020.
The building’s many setbacks will be converted into terraces, and the top four floors of the tower will host one penthouse each. The main entrance at ground level will be restored on the Broadway side with a marquee. Many more windows will be added across the tower’s facades and will include 90 parking spaces for cars and 428 for bicycles.
UBS provided overhead protection and three hoists for this project.