Cumming Group played a pivotal role in the successful completion of the luxury residential tower at One Wall Street. We were engaged in a strategic partnership with the owner of this high-profile, luxury residential conversion project. One Wall Street is among the largest adaptive reuse projects (office to residential and retail) in the history of New York City. Tasked with restoring schedule and cost predictability to the development, our firm conducted a comprehensive project assessment and presented the necessary steps and solutions to ensure the project’s timely delivery. Leveraging our extensive expertise in luxury residential construction and complex renovations in New York, our firm was chosen to provide project management, cost management, and scheduling services in close partnership with Macklowe Properties.

Collaborating closely with the existing project team, we conducted comprehensive assessments of various project aspects, including open purchases, submittal statuses, coordination issues, unresolved change orders, site manpower, and TCO (Temporary Certificate of Occupancy) strategy. Through proactive management and strategic decision-making on behalf of our client, we drove the project towards a swift and efficient completion.

This recently completed project involved converting a landmarked, one-million-plus square foot iconic office building into 560 luxury condominiums, 90,000 square feet of high-end retail, and 40,000 square feet of amenities, including a swimming pool, sauna, and restaurants. Retail tenants include Whole Foods, Lifetime Fitness, and a flagship store for a French boutique scheduled to open in 2025.