A Hidden Art Deco Lobby on Wall Street Undergoes a $1 Million Restoration

An exclusive peek at the elaborate mosaic-clad Red Room, designed by Hildreth Meière

The stunning Red Room is in the final throes of a $1 million restoration.
Photo: Danlly Domingo

When it was unveiled in 1931, the elaborate mosaic-clad lobby of Irving Trust Co. at 1 Wall Street, an Art Deco skyscraper designed by architect Ralph Walker, was one of Manhattan’s most unusual interior gems. The Red Room, created by artisan Hildreth Meière, was sheathed in a dazzling pattern of orange and oxblood glass tiles, and laced with a web of gold and bronze lines. Closed to the public since 2001, the 9,000-square-foot mosaic installation is in the final stage of a 16-month, $1 million restoration, spearheaded by developer Harry Macklowe, who bought the building three years ago. (His firm, Macklowe Properties, is busy converting the rest of the 1.1-million-square-foot edifice into residences and retail.) When the vaulted space is once again revealed, the glowing results are sure to enchant a new generation of New Yorkers.

The northwest corner of the room held a time capsule that was removed by BNY Mellon after they sold the building to Macklowe. The gash, still visible, will soon be repaired as part of the project. Photo: Danlly Domingo
New flooring will be installed in the coming weeks. Photo: Danlly Domingo
The developers plan to lease the space for retail or use it as a sales gallery. Photo: Danlly Domingo
A detail of the tiles, which range from oxblood to orange. Photo: Danlly Domingo