Construction is continuing to progress on the residential conversion of the 90-year-old One Wall Street, a 564-foot-tall Art Deco skyscraper in the Financial District. Developed by Macklowe Properties, the project is expected to cost $1.5 billion and also features an exterior addition designed by SLCE Architects. The undertaking is the largest office-to-residential conversion in New York City history and will feature 566 new units with sales handled and marketed by Compass, as well as a new 44,000-square-foot Whole Foods Market and a Life Time fitness center on the lower levels. The site is bound by Broadway to the west, Wall Street to the north, New Street to the east, and Exchange Place to the south.
New renderings have been released for 343 Madison Avenue, a proposed 1,050-foot-tall office supertall in Midtown East. Designed by Kohn Pedersen Fox and developed by Boston Properties, the 753,120-square-foot structure would contain 748,618 square feet of office space, 2,130 square feet of retail space, and 2,372 square feet that will connect below grade to the future East Side Access project with subterranean circulation paths toward Grand Central Terminal. The building is planned to rise in place of the former Metropolitan Transportation Authority headquarters on half of the block between Madison and Vanderbilt Avenues and East 44th and 45th Streets.
The first property at M Station, a new commercial complex in Morristown, New Jersey, is now topped out. Located in the heart of the city’s downtown area, the building will debut as M Station East and house a mix of Class-A office space and retail suites.
Work is progressing on 100 Pearl Street, a project to renovate the lower floors of the mixed-use Financial District building to an expanded, more pedestrian-friendly arcade, as well as upgrades at the roof level. Alternately addressed as 7 Hanover Square, the overhaul is being designed by S9 Architecture and developed by GFP Real Estate and will feature 1,450 square feet of indoor public space plantings, 10 to 18 food and beverage retailers, at least two new retail shops on Pearl Street and at least two on Water Street, kiosks, 167 new seats, and new lobby space.
The Department of City Planning recently signed off on an Environmental Assessment Statement to facilitate the construction of a new five-story mixed-use building at 252 Victory Boulevard in Tompkinsville, Staten Island.