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News Release

Hong Kong

One Wall Street opens for sale in Hong Kong


-Iconic Ralph Walker-designed tower will raise the bar for residential living in downtown Manhattan-

 

-Multistoried building offering 566 luxury condominiums and over 100,000 square feet of amenity space as part of the largest office-to-condo conversion in the history of NYC-

 

Hong Kong (7 May 2018) – One Wall Street, the 50-story Art Deco skyscraper at the intersection of Wall Street and Broadway in Lower Manhattan, was unveiled today, revealing the first details of this much anticipated project, including Hong Kong being its first overseas sales destination.

Originally built in 1931 by famed architect Ralph Walker, the former Irving Trust Company and Bank of New York headquarters will be converted into 566 residential units, with exclusive amenities and retail outlets. Led by Macklowe Properties, the redesign of the landmark building is currently in progress and is expected to be completed in 2020. High resolution images can be downloaded here.

The never-before-seen visuals reveal the building's architectural details including Walker's pioneering use of setbacks that yield light-flooded residential interiors, unobstructed views of the historic New York harbor and gracious ceiling heights. The residences seamlessly marry past with present, honoring the tower's 1930s origins while incorporating smart technology and elegant designs. Interior furnishing includes French oak hardwood floors and custom hardware. Kitchens feature fully integrated Miele appliances, custom Italian ribbed cabinetry, Italian white glass cabinets and Calacatta marble countertops. Travertine stone surfaces are complemented by white lacquer bathroom vanities and custom-designed bath fixtures and faucets paired with a handheld shower sprayer and thermostatic valves.

The One Club, a clubhouse exclusive to One Wall Street residents, will include unobstructed harbor views, landscaped terraces, sweeping resident lounges, fully-equipped meeting rooms and work spaces, entertaining suites, fitness and spa facilities and a glass and tile-enclosed 75-foot swimming pool located on the 38th floor.

Whole Foods Market was the first commercial tenant announced for the ground floor retail portion of One Wall Street, occupying 44,000 square feet over three floors; two for shopping and one for back of house operations, with public entrances on Broadway, New Street and Exchange Place.  The retail component will feature a stepped modern glass addition with a 22-foot ceiling as part of the building renovations.

JLL has been appointed as the sole agent in Hong Kong and other Asian cities.

JLL Head of International Residential, Mandy Wong said, "Wall Street is famous as the home of major financial institutions, but recently, more start-ups and companies from the creative industries have entered the district, bringing with them a large population of young people who need homes. This demand has promoted a range of different developers to launch new residential projects in the area. One Wall Street is pioneering development in the neighbourhood, equipped with comprehensive facilities and located just a stone's throw away from the New York Stock Exchange. We are very optimistic about the potential returns that could be achieved through this project."

CORE Founder and CEO, Shaun Osher noted, "Lower Manhattan is in the midst of a cultural renaissance. Some of the city's best culinary minds, artists, cultural institutions and creative professionals now live and work downtown, adding to the vibrant, diverse atmosphere of the neighborhood."

One Wall Street is home to one of New York's greatest Art Deco treasures, a triple height floor-to-ceiling mosaic by world-renowned muralist Hildreth Meiere. As part of the building redevelopment, the "Red Room" in One Wall Street has been meticulously restored to its original grandeur and will be offered as a one of a kind retail space.

One Wall Street is located at the center of Lower Manhattan, the most historic district in New York and a magnet for the city's best culture, food and innovations. The neighborhood offers all the refinements and pleasures of an old city with the comforts and innovations of a new one: magnificent architecture, stop-tier educational institutions, shopping, dining, robust transportation infrastructure and abundant outdoor and waterfront access.

Hong Kong launch event:

Date: 11 - 13 May 2018 (Fri-Sun)

Time: 11am-7pm

Venue: Tian & Di Room, 7/F, Landmark Mandarin Oriental Hotel, 15 Queen's Road Central, Central, Hong Kong

 

For more information about the project, please contact:

Mandy Wong, irp.hk@ap.jll.com, (852) 3759 0909 or visit

https://www.jllproperty.com.hk/international-sales