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NEW YORK | One Wall Street | 654 FT / 199 M | 50 FLOORS | 1932
Overlooked New York
ONE WALL STREET 1928 - 1932
- 52nd Tallest Building in the City.
(Description from Wikipedia)
One Wall Street (originally the Irving Trust Company Building, later the Bank of New York Building) was completed in 1931 and opened in 1932. The original architect was the firm of Voorhees, Gmelin & Walker. It is 50 stories and is 654 feet (199 m) tall. The building measures 1,165,659 rentable square feet. It is located in the Financial District of Manhattan and is on the corner of Wall Street and Broadway. It is known for its spectacular mosaic lobby
In 1965, a 36-floor addition to the site was constructed to the south of the tower to provide extra office space.
The building has a steel skeleton, and is covered in limestone. The building has had numerous problems with the limestone exterior and in 2001, the building's owners decided to bring in Hoffman Architects to conduct a survey of the exterior and provide a 5 year masterplan which consists of mortar repair and window replacements.
A few years ago, I read somewhere that it was described as having a feminine look (on the outside, I was guessing). Sometime afterwards, I take a walk through d'town, look at it in that light, and realize that it does have a "lady-like" look to it compared to surrounding bldgs.
Looking at it on a sunny day kind of gives me the impression that, if Heaven has skyscrapers, that's what they would look like!
Bank of New York to Sell Tower to Investor Harry Macklowe
By Eliot Brown and Keiko Morris
May 21, 2014
Bank of New York Mellon Corp. has agreed to sell its Art Deco headquarters tower at 1 Wall Street to a venture led by investor Harry Macklowe
In addition, Bank of New York is in negotiations with landlord Brookfield Office Properties to lease more than 400,000 square feet at 225 Liberty Street, these people said. The lease deal is fluid and could still collapse.
..."We're very pleased to be associated with this landmark property," a spokesman for Mr. Macklowe said Wednesday.
Harry Macklowe Buys One Wall Street, May Take It Residential
May 22, 2014
by Jeremiah Budin
Real estate developer/picaresque truck driver Harry Macklowe and a group of investors have purchased One Wall Street, the headquarters of Bank of New York Mellon, for $585 million, the Journal reports. Losing bidders included JDS Development Group and a joint venture of Elad Group and Silverstein Properties Inc.
As for what Macklowe plans to do with the landmark Art Deco property, that has yet to be announced. However, according to the Journal, "Some bidders planned to convert it to residential use," and considering Macklowe's recent history, condos or super luxury rentals seem more than likely. The tower was designed by architect Ralph Walker, who also designed the buildings used for recent high-priced conversions Walker Tower and Stella Tower, making the prospect of going residential all the more enticing. We'll just to have to wait and see what Macklowe's plans are