Real Estate
NYC’s Biggest Condo Conversion Bets on Downtown Luxury Revival
- Macklowe Properties’ One Wall Street tower will have 565 units
- Project is in Financial District’s most office-centric area
A lot is riding on Harry Macklowe’s latest Manhattan condo development.
His firm is working on New York’s largest-ever conversion of an office tower to housing, with 565 luxury units at One Wall Street, a block from the New York Stock Exchange. It’s a big sales task to handle in any era, let alone amid a global pandemic that’s tarnished the appeal of going to the office -- or living in an area filled with them.