Posted Sep 14, 2015, 3:37 PM
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One Wall Street, image by Robert A.M. Stern Architects
Robert A.M. Stern Designing Mixed-Use Conversion Of One Wall Street
NIKOLAI FEDAK
SEPTEMBER 14, 2015
Quote:
Earlier this year, YIMBY brought you a proposal for the transformation of One Wall Street created by CetraRuddy. While that version of the tower will remain unbuilt, we now have the first rendering of actual plans, created by Robert A.M. Stern for developer Macklowe Properties, as well as word that the development is seeking $100 million in EB-5 funding, or 6.6% of its projected cost of $1.502 billion.
Applications for the renovation have not been filed, but the images show what looks to be a similar setup to what CetraRuddy planned. The crucial element in the change to residential is the existing configuration’s setup between two buildings, not one, as the site features both the original tower built in 1929 (and designed by Ralph Walker) and the annex, which rose in 1961.
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