One Wall Street: The Most Luxurious (and Fun) Stay at a Bank

Property of the Week: The former headquarters of Bank of America has undergone a $1.5bn renovation.

One Wall Street has undergone a $1.5bn renovation / ©One Wall Street

What was once the most important street in the financial industry, today Wall Street is no longer home to the world’s most important banks or trading centers and instead is home to, well, luxury homes.

This is not an area immune to change. In the 400 years since New York City was founded, this street’s eponymous wall – which was actually more like a mud perimeter around New Amsterdam during the 17th century than a physical wall – has long crumbled, and the area around the southern tip of Manhattan that it previously marked has gone by various names. Yet in modern history, thanks to the Covid-19 pandemic and the consequential distribution and changes in our work patterns, has meant that the biggest change to New York’s Financial District is that it is no longer a district largely concerned about finances.

The site is the former headquarters of Bank of America / ©One Wall Street

Much of the original Art Deco features of the tower have been kept / ©One Wall Street

You do not need to look far along Wall Street to understand this change – no kidding, just look towards the very first address on the street: One Wall Street. The 52-story, Art Deco skyscraper was once the headquarters of the Irving Trust Company and later Bank of America. Following a $1.5bn transformation by developer Harry Macklowe – the largest office-to-residential renovation in Manhattan – One Wall Street now stands as a collection of 566 luxury residences.

Interiors in the properties remain cool and contemporary / ©One Wall Street

Featuring high-tech kitchen appliances and glossy cabinetry / ©One Wall Street

Starting at $895,000 and offering studios all the way up to four-bedroom apartments, we’re taking a closer look at Residence 3404, the most expensive property currently available at One Wall Street, currently listed at $9.75m. What this three-bedroom, three-and-a-half-bathroom property may appear to lack in outdoor space – just 46 apartments come complete with terraces – it makes up for with its sprawling interior space (almost 2,075 sq-ft of it) and high floor level, found on the upper floors of the original tower designed by legendary American architect Ralph Walker in 1931.

Residence 3404 is a three-bedroom, three-and-a-half-bathroom property / ©One Wall Street

Shiny stone flooring and sparkling cabinetry can be found in each of the ensuite bathrooms / ©One Wall Street

Despite this historic backstory, the property’s interior is all contemporary. The separate kitchen is shiny and sparkling, with glossy fittings and high-tech appliances, meanwhile elsewhere in the primary and the three ensuite bathrooms, glossy cabinetry and polished stone flooring shine.

Like any luxury development these days, One Wall Street contains far more than just homes. With its list of incredible facilities and amenities that could rival any of the Big Apple’s outstanding five-star hotels, the prospect of living at a bank feels far from, well, boring. There is, the 100,000 sq-ft social club containing a co-working space; a playroom; the One Canine Club to pamper residents’ pooches; and a restaurant, plus a private dining room complete with a demonstration kitchen.

The building also features a wellness space with a 75-ft indoor pool / ©One Wall Street

That’s not all: residents can also enjoy a dedicated wellness space, complete with a huge gym, and a 75-ft indoor pool. By the end of 2025, One Wall Street will even contain its very own department store, courtesy of French maison Printemps – the brand’s first North American flagship location – meaning trips to Fifth Avenue will be another thing of the past.