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'''1 Wall Street''' (also known as the '''Irving Trust Company Building''', the '''Bank of New York Building''', and the '''BNY Mellon Building''') is a mostly-residential skyscraper
The [[facade]], made of [[limestone]], contains slight inwardly-curved [[Bay (architecture)|bays]] with [[Fluting (architecture)|fluting]] to resemble curtains. On the lower stories are narrow windows with [[mullion]]s, as well as ornate entrances. The [[massing]] of 1 Wall Street incorporates numerous small [[Setback (architecture)|setbacks]], and the top of the original building consists of a freestanding tower. The corners of the original building consist of [[chamfer]]s, while the top of the tower has fluted windowless bays. The facade of the annex is crafted in a style reminiscent of the original structure. The
The building is one of New York City's [[Art Deco architecture of New York City#Landmarked buildings|Art Deco landmarks]], despite initially remaining ignored in favor of such buildings as the [[Empire State Building]] and the [[Chrysler Building]]. The
▲The building is one of New York City's [[Art Deco architecture of New York City#Landmarked buildings|Art Deco landmarks]], despite initially remaining ignored in favor of such buildings as the [[Empire State Building]] and the [[Chrysler Building]]. The [[New York City Landmarks Preservation Commission]] designated the original portion of the building as a city landmark in 2001. It is also a contributing property to the [[Wall Street Historic District (Manhattan)|Wall Street Historic District]], a [[National Register of Historic Places]] district created in 2007.
== Site ==
1 Wall Street occupies the entire block in the [[Financial District, Manhattan|Financial District]] of [[Lower Manhattan]], bounded by [[Broadway (Manhattan)|Broadway]] to the west, [[Wall Street]] to the north, New Street to the east, and [[Exchange Place (Manhattan)|Exchange Place]] to the south. 1 Wall Street is adjacent to the [[Adams Express Building]], [[65 Broadway]], the [[Empire Building (Manhattan)|Empire Building]], [[Trinity Church (Manhattan)|Trinity Church]], and Trinity Church's churchyard to the west; the [[American Surety Building|American Surety Company Building]] to the north; [[14 Wall Street]] to the northeast; the [[New York Stock Exchange Building]] to the east; and [[52 Broadway]] to the south.<ref>{{Cite web|title=NYCityMap|url=http://maps.nyc.gov/|website=NYC.gov|publisher=[[New York City Department of Information Technology and Telecommunications]]|access-date=March 20, 2020|archive-date=May 24, 2015|archive-url=https://archive.today/20150524114059/http://maps.nyc.gov/|url-status=live}}</ref> Entrances to the [[New York City Subway]]'s [[Wall Street station (IRT Lexington Avenue Line)|Wall Street station]], served by the {{NYCS trains|Lexington south}}, are adjacent to the building.<ref>{{Cite NYC neighborhood map|Lower Manhattan}}</ref>
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As part of the renovation, 34 elevators and 16 escalators were removed.<ref>{{Cite web|title=WATCH: Inside Macklowe's gut renovation of historic One Wall Street|url=https://therealdeal.com/2019/03/26/watch-inside-macklowes-gut-renovation-of-historic-one-wall-street/|last1=Pogoff|first1=Adam|last2=Muldowney|first2=Decca|date=March 26, 2019|website=The Real Deal New York|language=en-US|access-date=June 1, 2020|archive-date=September 27, 2020|archive-url=https://web.archive.org/web/20200927135057/https://therealdeal.com/2019/03/26/watch-inside-macklowes-gut-renovation-of-historic-one-wall-street/|url-status=live}}</ref> The original layout of the building included elevators near the perimeter wall, but this took up usable space near windows. As such, Macklowe removed 20 of the elevators that served upper floors and added 10 new elevators in the building core; new stairs were also constructed to replace the existing stairs.<ref name="Smith 2020" /><ref name="Hughes 2018" /><ref name="Stahel 2019 p. 44" /> The demolition of the interior was completed in November 2018.<ref>{{cite web|last=Walker|first=Ameena|date=November 27, 2018|title=FiDi's landmark One Wall Street condo conversion hits a construction milestone|url=https://ny.curbed.com/2018/11/27/18114973/financial-district-one-wall-street-construction-update|access-date=June 2, 2020|website=Curbed NY|archive-date=June 4, 2020|archive-url=https://web.archive.org/web/20200604195550/https://ny.curbed.com/2018/11/27/18114973/financial-district-one-wall-street-construction-update|url-status=live}}</ref> In addition, the Red Room was restored between 2016 and 2018, in advance of its conversion into a retail space.<ref name="Hughes 2018" /><ref name="New York YIMBY 2019" /><ref name="The Art Newspaper 2019">{{cite web|title=A Wall Street lobby restored to its former glory|url=http://www.theartnewspaper.com/news/a-wall-street-lobby-restored-to-its-former-glory|date=July 19, 2019|website=The Art Newspaper|access-date=May 1, 2020|archive-date=September 3, 2020|archive-url=https://web.archive.org/web/20200903053850/https://www.theartnewspaper.com/news/a-wall-street-lobby-restored-to-its-former-glory|url-status=live}}</ref> The Red Room's restoration used tiles that had been placed in storage and unused when the building was originally erected.<ref name="The Art Newspaper 2019" /> The facade was restored using stone from the quarry that had supplied the material for Walker's original building.<ref name="Taillon 2023" /> The third floor was demolished to make a higher ceiling for the retail space.<ref name="Smith 2020" /> A new entrance was also constructed on Broadway, with a design based on one of Walker's unrealized plans for the building,<ref name="Plitt 2019" /> and five stories were added to the southern annex.<ref name="Smith 2020" />
[[Whole Foods Market]] leased a {{convert|44000|sqft|m2|abbr=|adj=on}} storefront in 2016,<ref>{{Cite web |date=July 28, 2016 |title=Whole Foods leases 44K sf at Macklowe's 1 Wall Street |url=https://therealdeal.com/2016/07/28/whole-foods-leases-44k-sf-at-macklowes-one-wall-street/ |url-status=live |archive-url=https://web.archive.org/web/20200604210820/https://therealdeal.com/2016/07/28/whole-foods-leases-44k-sf-at-macklowes-one-wall-street/ |archive-date=June 4, 2020 |access-date=June 1, 2020 |website=The Real Deal New York |language=en-US}}</ref><ref>{{Cite web |date=July 27, 2016 |title=Whole Foods Secures 44K-SF Lease at Macklowe's One Wall Street |url=https://commercialobserver.com/2016/07/whole-foods-secures-44k-sf-lease-at-macklowes-one-wall-street/ |url-status=live |archive-url=https://web.archive.org/web/20200604212417/https://commercialobserver.com/2016/07/whole-foods-secures-44k-sf-lease-at-macklowes-one-wall-street/ |archive-date=June 4, 2020 |access-date=June 1, 2020 |website=Commercial Observer |language=en-US}}</ref> and [[Life Time Fitness]] signed a {{convert|74000|sqft|m2|adj=on}} lease for a gym on the lowest four floors in 2019.<ref>{{cite news |last=Schram |first=Lauren |date=January 7, 2019 |title=Life Time Takes 74K SF at 1 Wall Street for Its Second Manhattan Fitness Center |work=Commercial Observer |url=https://commercialobserver.com/2019/01/life-time-retail-lease-macklowe-properties-1-wall-street/ |url-status=live |access-date=June 4, 2020 |archive-url=https://web.archive.org/web/20200618093733/https://commercialobserver.com/2019/01/life-time-retail-lease-macklowe-properties-1-wall-street/ |archive-date=June 18, 2020}}</ref> The residential units, the Red Room, and Whole Foods were then all planned to open in 2021.<ref name="New York YIMBY 2019" /><ref>{{cite web |date=May 13, 2020 |title=One Wall Street's Residential Conversion and Retail Addition Progresses in Financial District |url=https://newyorkyimby.com/2020/05/one-wall-streets-residential-conversion-and-retail-addition-progresses-in-financial-district.html |url-status=live |archive-url=https://web.archive.org/web/20200619063027/https://newyorkyimby.com/2020/05/one-wall-streets-residential-conversion-and-retail-addition-progresses-in-financial-district.html |archive-date=June 19, 2020 |access-date=June 8, 2020 |website=New York YIMBY}}</ref> Macklowe had originally hired Core Real Estate to market the apartments. However, he replaced Core with Compass in December 2020,<ref>{{Cite web|last=Solomont|first=E.B.|date=December 3, 2020|title=Macklowe Properties Swap Core for Compass at 1 Wall Street|url=https://therealdeal.com/2020/12/03/macklowe-taps-compass-to-sell-1-wall-street/|url-status=live|access-date=October 22, 2021|website=The Real Deal New York|language=en-US|archive-url=https://web.archive.org/web/20201203214847/https://therealdeal.com/2020/12/03/macklowe-taps-compass-to-sell-1-wall-street/ |archive-date=December 3, 2020}}</ref> prompting Core to sue Macklowe for unpaid brokerage fees.<ref>{{Cite web|last=Hudson|first=Erin|date=July 30, 2021|title=Dumped by Macklowe and Churchill, Core Real Estate demands fees|url=https://therealdeal.com/2021/07/30/dumped-by-macklowe-and-churchill-core-real-estate-demands-fees/|url-status=live|access-date=October 22, 2021|website=The Real Deal New York|archive-url=https://web.archive.org/web/20210730124034/https://therealdeal.com/2021/07/30/dumped-by-macklowe-and-churchill-core-real-estate-demands-fees/ |archive-date=July 30, 2021}}</ref> The facades of the annex's additions had been completed by mid-2021,<ref>{{Cite web|date=August 5, 2021|title=One Wall Street's Residential Conversion and Retail Addition Nears Completion in Financial District|url=https://newyorkyimby.com/2021/08/one-wall-streets-residential-conversion-and-retail-addition-nears-completion-in-financial-district.html|access-date=September 1, 2021|website=New York YIMBY|language=en-US|archive-date=September 1, 2021|archive-url=https://web.archive.org/web/20210901120621/https://newyorkyimby.com/2021/08/one-wall-streets-residential-conversion-and-retail-addition-nears-completion-in-financial-district.html|url-status=live}}</ref> and sales of residential units were launched in September 2021.<ref>{{cite web| title=Sales launch at One Wall Street: Art Deco icon reinvented by – Market Insight| date=September 16, 2021| website=CityRealty| url=https://www.cityrealty.com/nyc/market-insight/features/future-nyc/sales-launch-one-wall-street-art-deco-icon-reinvented-macklow-robert-am-stern-architects/39321| access-date=September 27, 2021| archive-date=September 27, 2021| archive-url=https://web.archive.org/web/20210927234036/https://www.cityrealty.com/nyc/market-insight/features/future-nyc/sales-launch-one-wall-street-art-deco-icon-reinvented-macklow-robert-am-stern-architects/39321| url-status=live}}</ref> By March 2022, Macklowe and Al Thani planned to refinance 1 Wall Street for $1.1 billion, using the proceeds to pay off construction costs and outstanding debt.<ref>{{cite web | last=Coen | first=Andrew | title=Macklowe Seeking $1.1B Refi for One Wall Street | website=Commercial Observer | date=March 30, 2022 | url=https://commercialobserver.com/2022/03/macklowe-seeking-1-1b-refi-for-one-wall-street/ | access-date=July 17, 2022 | archive-date=July 17, 2022 | archive-url=https://web.archive.org/web/20220717041021/https://commercialobserver.com/2022/03/macklowe-seeking-1-1b-refi-for-one-wall-street/ | url-status=live }}</ref><ref name="Walter-Warner 2022">{{Cite web|first=Holden|last=Walter-Warner|date=March 30, 2022|title=Macklowe Seeking $1.1B Refi of One Wall Street|url=https://therealdeal.com/2022/03/30/macklowe-seeks-1-1b-refi-of-one-wall-street/|access-date=July 17, 2022|website=The Real Deal New York|language=en-US|archive-date=July 17, 2022|archive-url=https://web.archive.org/web/20220717041021/https://therealdeal.com/2022/03/30/macklowe-seeks-1-1b-refi-of-one-wall-street/|url-status=live}}</ref> At that point, the renovation was projected to be completed by the end of 2022.<ref name="Walter-Warner 2022" /> The building's retail space was nearly complete by mid-2022,<ref>{{cite web |date=July 30, 2022 |title=One Wall Street's New Retail Spaces Near Completion in Financial District, Manhattan |url=https://newyorkyimby.com/2022/07/one-wall-streets-new-retail-spaces-near-completion-in-financial-district-manhattan.html |access-date=December 25, 2022 |website=New York YIMBY |archive-date=December 25, 2022 |archive-url=https://web.archive.org/web/20221225222315/https://newyorkyimby.com/2022/07/one-wall-streets-new-retail-spaces-near-completion-in-financial-district-manhattan.html |url-status=live }}</ref> and French retailer [[Printemps]] announced that September that it would open a store at 1 Wall Street.<ref>{{cite web |last=Baird-Remba |first=Rebecca |date=September 8, 2022 |title=French Luxury Retailer Printemps Opening Store at One Wall Street |url=https://commercialobserver.com/2022/09/french-department-store-printemps-opening-first-us-store-at-one-wall-street/ |access-date=December 25, 2022 |website=Commercial Observer |archive-date=December 25, 2022 |archive-url=https://web.archive.org/web/20221225222313/https://commercialobserver.com/2022/09/french-department-store-printemps-opening-first-us-store-at-one-wall-street/ |url-status=live }}</ref><ref>{{Cite web |last=Dilakian |first=Steven |date=September 7, 2022 |title=Printemps Opening First U.S. Store at Macklowe's One Wall Street |url=https://therealdeal.com/2022/09/07/french-retailer-printemps-to-open-first-u-s-store-at-macklowes-one-wall-street/ |access-date=December 25, 2022 |website=The Real Deal New York |language=en-US |archive-date=December 25, 2022 |archive-url=https://web.archive.org/web/20221225222313/https://therealdeal.com/2022/09/07/french-retailer-printemps-to-open-first-u-s-store-at-macklowes-one-wall-street/ |url-status=live }}</ref> In addition, Macklowe Properties began exhibiting model apartments to prospective residents in 2022.<ref>{{cite web |last=Gannon |first=Devin |date=August 17, 2022 |title=See inside One Wall Street, the largest office-to-residential conversion in NYC |url=https://www.6sqft.com/get-a-first-look-inside-one-wall-street-the-largest-office-to-residential-conversion-in-nyc/ |access-date=December 25, 2022 |website=6sqft |archive-date=December 25, 2022 |archive-url=https://web.archive.org/web/20221225222756/https://www.6sqft.com/get-a-first-look-inside-one-wall-street-the-largest-office-to-residential-conversion-in-nyc/ |url-status=live }}</ref>
The Whole Foods opened in January 2023.<ref>{{cite web |date=January 12, 2023 |title=Whole Foods One Wall Street has opened in Fidi |url=https://tribecacitizen.com/2023/01/12/whole-foods-one-wall-street-has-opened-in-fidi/ |access-date=December 1, 2023 |website=Tribeca Citizen |archive-date=December 7, 2023 |archive-url=https://web.archive.org/web/20231207091857/https://tribecacitizen.com/2023/01/12/whole-foods-one-wall-street-has-opened-in-fidi/ |url-status=live }}</ref><ref>{{cite web |last=Rahmanan |first=Anna |date=January 13, 2023 |title=Four things to know about the brand new Whole Foods on Wall Street |url=https://www.timeout.com/newyork/news/four-things-to-know-about-the-brand-new-whole-foods-on-wall-street-011323 |access-date=December 1, 2023 |website=Time Out New York |archive-date=May 23, 2023 |archive-url=https://web.archive.org/web/20230523020500/https://www.timeout.com/newyork/news/four-things-to-know-about-the-brand-new-whole-foods-on-wall-street-011323 |url-status=live }}</ref> The first residents were scheduled to move into the building that March,<ref>{{cite news |last1=Epstein |first1=Jennifer |title=New York City's Largest Office-to-Condo Conversion Prepares to Open |url=https://www.bloomberg.com/news/articles/2023-02-23/nyc-s-biggest-office-to-condo-conversion-opens?srnd=premium&sref=CIpmV6x8 |access-date=23 February 2023 |work=Bloomberg |date=23 February 2023 |language=en}}</ref> and construction was officially completed that month.<ref name="Ginsburg 2023" /><ref name="Howarth 2023" /> Macklowe received a $300 million inventory loan for the building in October 2023 after sales underperformed expectations.<ref name="Jones 2023">{{cite web |last=Jones |first=Orion |date=October 3, 2023 |title=Harry Macklowe Gets Inventory Loan at 1 Wall Street |url=https://therealdeal.com/new-york/2023/10/03/harry-macklowe-gets-inventory-loan-at-1-wall-street/ |access-date=November 10, 2023 |website=The Real Deal |archive-date=November 10, 2023 |archive-url=https://web.archive.org/web/20231110174504/https://therealdeal.com/new-york/2023/10/03/harry-macklowe-gets-inventory-loan-at-1-wall-street/ |url-status=live }}</ref><ref>{{cite web |date=October 10, 2023 |title=Harry Macklowe's 1 Wall Street Lands $300M Inventory Loan |url=https://www.connectcre.com/stories/harry-macklowes-1-wall-street-lands-300m-inventory-loan/ |access-date=November 10, 2023 |website=Connect CRE |archive-date=November 10, 2023 |archive-url=https://web.archive.org/web/20231110174506/https://www.connectcre.com/stories/harry-macklowes-1-wall-street-lands-300m-inventory-loan/ |url-status=live }}</ref> At the time, there were 479 unsold units out of 566 total apartments, and the project had cost $2.9 billion to date.<ref name="Jones 2023" />
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