The Real Deal New York

Harry Macklowe to convert FiDi office tower into apartments

Roughly 800,000 square feet will be devoted to rentals and condos

Harry Macklowe is converting an iconic, 50-story Financial District tower into a residential building with a retail component.

The developer is planning to devote 800,000 square feet at the former home of Bank of New York Mellon at 1 Wall Street to rental units and condominiums, according to the New York Daily News. The ground floor will have a 350,000-square-foot retail space.

It’s one of the biggest Downtown conversions in recent years, the newspaper reported.

Macklowe bought the Ralph Walker-designed property at the corner of Broadway and Wall Street earlier this year for $585 million. [NYDN] — Claire Moses

  • DTNYC

    This would be the perfect spot for NORDSTROM’S new downtown store!!!!!

    • Crian Bashman

      Nordstrom right next to Lot Less.

      • DTNYC

        What are you talking about?

  • stevepra

    I assume that’s 35,000 not 350,000 on the ground fl.

  • dddd

    the real deal has way to many spelling errors. first 450,000 sq now this?

    • trollionaire

      stfu

  • John

    http://en.wikipedia.org/wiki/1_Wall_Street

    It is fifty stories and is 654 feet (199 meters) tall, and measures 1,165,659 rentable square feet.

    800 + 350 = 1150