600 Loft Apartments Planned For Historic Wanamaker Building In Philadelphia

CBS Philadelphia

June 5, 2025

New York developer TF Cornerstone plans to build 600 loft-style apartments above the shuttered Macy's store in the historic Wanamaker Building in Philadelphia after acquiring complete control in a foreclosure auction Tuesday.

TF Cornerstone said the apartments will be built on floors 6 through 12, while floors 4 and 5 will remain office space.

The Wanamaker Organ will continue to be in use, and the Grand Court will be restored and remain open as a public space, according to the New York City-based real estate development firm. The Crystal Tea Room will also continue to serve as a venue for events.

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