Built in 1907, the former home of the Trust Company of America at 37 Wall Street has undergone transformation into a residential rental building. At 25 stories tall, this Beaux Arts–style high-rise was one of the first truly tall buildings in the city, and it is one of the oldest remaining high-rises on Wall Street.
Previously serving as offices for Chase Bank, 37 Wall Street had remained vacant for a few years. In 2004, the building was purchased by developer W Associates, an affiliate of Garden Homes. Mike Thompson, project manager, reported that what was needed to convert this commercial building into residential space was mostly interior construction work, which began in June 2005. Work on the building was completed in 2007.
The rental building consists of studios and one- and two-bedroom apartments, some with walk-out terraces. Additional amenities include a fitness room, basketball court, movie room, juice bar, and parking garage. Retail spaces occupy the ground floor.
Since this was a historic preservation job, the exterior of the building and any original decorative work inside, including ceilings and columns, were not changed. However, in areas where there was damage to the original designs, restoration took place. The interior of the building was transformed from office to residential space, including installation of new plumbing and electrical systems.
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