realestate

Two iconic Wall Street buildings poised for residential rebirth

Fieldston Capital's 2 Wall Street office conversion underway, led by Newmark and Aegis Asset Management.

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ieldston Capital, a company associated with Hong Kong-based Aegis Asset Management, is planning to convert the upper floors of its 21-story building at 2 Wall Street into apartments. The eighth through top floor will be transformed into 121 residences, while the cellar through seventh floor will remain office space for financial services, including TD Bank as a major tenant. Amenities on the upper floors will include a game room, lounge, and co-working spaces.

    Fieldston Capital purchased the building in 1996 for $13.7 million and recently sold an undisclosed stake to an LLC for $25 million. The renovation is one of several office conversion projects planned in the Financial District, including plans at 80 Pine Street, 222 Broadway, 25 Water Street, and 55 Broad Street. Newmark appears to be managing the property, with Rachel Wooten Barley listed as the owner of the permits.

Two historic Wall Street skyscrapers undergo transformation into luxury residences.