One Wall Street welcomes move-ins
The largest office-to-condo conversion in New York history is about to welcome its first residents, as Macklowe Properties unveiled residential interiors at One Wall Street last week, ahead of expected move-ins this month. The 50-story building began life in 1931 as the Irving Trust Company Headquarters, an Art Deco tower designed by skyscraper pioneer Ralph Walker.
Five years of renovations included completely gutting the building’s interior—removing the existing plumbing, stairs, and even the elevator shafts to open the floors up more for residential use. “The only thing remaining in the building was the exterior, which had been landmarked,” developer Harry Macklowe told Bloomberg.
The building has now been wholly reimagined as a 566-unit luxury condo with 100,000 square feet of amenities, including a tricked-out coworking space, a 75-foot glass-enclosed indoor pool, and a private dining room by AD100 2023 Hall of Fame designer Deborah Berke. New street-level retail includes a Whole Foods and a sprawling Life Time Fitness Resort. (The building’s iconic Red Room will soon play host to French department store Printemps.)
On Thursday, Macklowe and AD PRO Directory listee FrenchCalifornia unveiled One Wall Street’s latest model unit: Residence 3404, part of the building’s Harbor Collection. The space has been outfitted with high-performance appliances, streamlined fixtures, and furnishings from Mexico City–based studio Atra. Macklowe describes the completed conversion as the embodiment of his vision for downtown living that celebrates New York’s past and future. “The goal was to incarnate empty spaces into thoughtfully redesigned residences that will stand the test of time,” he said in a statement.
Compass is handling marketing and sales for One Wall Street, with residences ranging from $1.13 million to $12,750 million, excluding a three-story penthouse and four other large apartments that haven’t been listed yet.
Onda tops out in Miami
The first bayfront condominium on Miami’s Bay Harbor Islands topped out construction on Monday. Named after the Italian word for “wave,” Onda Residences is an eight-story boutique residence designed by Arquitectonica’s Bernardo Fort-Brescia, with interiors from A++ Human Sustainable Architecture’s Carlo and Paolo Colombo and landscaping by Enzo Enea. Developers CMC Group and Morabito Properties broke ground in November 2021 and report that 85% of the 41 units have already been sold.
When Onda is completed later in 2023, its residences will boast floor-to-ceiling windows, spacious tiled terraces, and Snaidero kitchens with Miele appliances. Homeowners will also have access to a private marina with 15 boat slips, 300 feet of harbor frontage, and sweeping views of the bay and ocean. Priced between $5 million and $8.4 million, homes at Onda range from two to four bedrooms. There are also four penthouses, including two with private rooftop pools.