[Rendering by Robert A.M. Stern Architects via New York YIMBY.]
So it looks like CetraRuddy's design for the conversion of coveted One Wall Street into condos and rentals may not be the end all, after all. It looks like heavyweight Harry Macklowe, who picked the landmarked Art Deco office building up for an eye-popping $585 million in May 2014, may have changed course and enlisted classicist Robert A.M. Stern to design the conversion. New York YIMBY found a rendering by the firm that shows an addition atop One Wall Street's annex building (↑) which was built 32 years after Ralph Walker's lovely 1929 tower. Despite the new rendering, it's entirely possible that Robert A.M. Stern's design for the building is outdated; plans for the conversion have yet to be filed with the Department of Buildings.
The exact plans for tower's interior breakdown between condos, rentals, and retail space is still unknown, but about half of the tower's 800,000-square-feet of residential space will be rentalsa move which will keep Macklowe on his toes should the housing market downturn again (as it might.) CetraRuddy's plan included breaking the building's base into two flagship retail spaces. According to YIMBY, the project touts a $1.502 billion pricetag which Macklowe is seeking $100 million for through EB-5 funding.
· Revealed: Robert A.M. Stern Designing Mixed-Use Conversion Of One Wall Street [YIMBY]
· Converted Art Deco Gem One Wall Street Will Look Like This [Curbed]
· Inside Art Deco Beauty One Wall Street Before Its Makeover [Curbed]
· Macklowe To Convert One Wall Street Into Condos and Rentals [Curbed]
· All One Wall Street coverage [Curbed]
Loading comments...