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Old January 22nd, 2014, 06:01 AM   #1
desertpunk
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NEW YORK | 172 Madison Avenue | 137m | 448ft | 31 fl | Com




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A tower proposal that was shelved for years is being dusted off for a luxury restart:

Karl Fischer To Revive Stalled Madison Site With 67 Apartments



Quote:
After a mixed-used development planned for Madison Avenue and 33rd street went into foreclosure back in 2010, the site stalled. Good-bye, 33-story glass tower with a boutique hotel and apartments; hello, arrested deveopment. But wait. BuzzBuzzHome just spotted permits filed with the Department of Buildings for 172 Madison, revealing plans to build a 31-story, 67-unit building on the corner lot. The developer is real estate investor Yitzchak Tessler, who ultimately ended up with the foreclosed building and is planning an almost 130,000-square-foot ground-up project with street-level retail, bike storage and a fitness room with pool, saunas and changing room. The apartments will probably be condos, with a duplex on the top two floors.

[...]
A vague rendered has appeared at the site:



http://newyorkyimby.com/2014/09/semi...on-avenue.html


Design is expected to change...
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Old May 8th, 2014, 12:47 AM   #2
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Tessler lines up $140M financing for NoMad condo project

Construction on 70-unit tower to launch in June

http://therealdeal.com/blog/2014/05/...Estate+News%29



Quote:
Developer Yitzchak Tessler secured approximately $141 million in financing for a planned condominium development at 172 Madison Avenue, The Real Deal has learned.
Quote:
Tessler confirmed that plans for the 110,000-square-foot site call for a condominium tower at least 40 stories high with 70 units — a slight uptick from the previously reported 31-story, 67-unit plan exam details.

The property will offer a mix of one-, two-, three- and four-bedroom units, though an exact breakdown has not yet been determined. There will be six penthouse units as well, each roughly 4,000 square feet with 18-foot high ceilings, and featuring 360-degree views. The other apartment units will have 11-foot ceilings, Tessler said. Building amenities, to be situated on two basement floors, are to include a “long” swimming pool, gym, recreation room, bicycle room, storage and a pet wash room.

Construction is slated to kick off in June, and is scheduled for completion within 24 months.
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Old May 8th, 2014, 12:52 AM   #3
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most of the towers around Empire State Building are lackluster, this will probably not be any different.
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Old September 8th, 2014, 08:22 PM   #4
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Finally!

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Old September 9th, 2014, 12:42 AM   #5
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per dob
http://a810-bisweb.nyc.gov/bisweb/Jo...ssdocnumber=01

394 ft
31 Stories
Karl Fisher Architect

massing diagram


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Old September 9th, 2014, 04:16 AM   #6
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If the materials are decent, it will be a decent filler tower.
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Old September 18th, 2014, 08:25 PM   #7
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18th of Sep., 2014
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Old January 26th, 2015, 07:34 PM   #8
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1/23/15




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Hudson Yards mega development Map: June 2015
http://i.imgur.com/FVrYwpy.jpg
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Old February 5th, 2015, 04:28 AM   #9
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Today













These gems deserve a nice neighbor

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Old February 5th, 2015, 04:57 AM   #10
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Not bad. I like it.
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Hudson Yards mega development Map: June 2015
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Old February 5th, 2015, 05:06 AM   #11
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I do too! This is still a Class B area, at best, and this is pretty nice for the neighborhood .
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Old February 5th, 2015, 03:06 PM   #12
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Kudos to our man, Yimby!


http://newyorkyimby.com
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Old February 5th, 2015, 05:27 PM   #13
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Quote:
Originally Posted by LondoniumLex View Post
I do too! This is still a Class B area, at best, and this is pretty nice for the neighborhood .
I agree, it's going to spruce up that block corner adding a nice retail base just right across the newly built 160 Madison. It's a nice spot for a residential condo that's tastefully designed tower imo that will not be marketed to the ultra rich so the anti 1% should be ecstatic. It is what it is.
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Old February 5th, 2015, 06:20 PM   #14
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Render's a little cartoonish but I think this will look superb.
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Old February 10th, 2015, 02:59 PM   #15
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Yesterday
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Old February 19th, 2015, 03:33 AM   #16
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Today
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Old February 19th, 2015, 03:47 AM   #17
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Nice!
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Old March 9th, 2015, 05:27 AM   #18
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Plans Revealed for Residential High-Rise at 172 Madison, New York City

CTBUH Global News
New York City, United States – 06 March 2015

Quote:
New York City-based Tessler Developments has unveiled the designs and plans for 172 Madison, its latest offering to the Manhattan residential landscape.

According to Tessler, every feature, service, and amenity of the 34-floor glass tower has been tailored to fit the genuine needs and “wish list” items of the current Manhattan condominium buyer.

Located in the trendy NoMad area, while being situated directly on historic, prestigious Madison Avenue, the upscale condominium will feature 69 units, split between 17 one-bedrooms of around 900 square feet (84 square meters) each, 40 two-bedrooms of about 1,500 square feet (140 square meters) each, six three-bedrooms around 2,150 square feet (200 square meters), as well as the Sky House, Mansion, and four penthouses.

Architect Karl Fischer and interior designer Shamir Shah, who both have worked with Tessler on previous projects 150 Nassau and 260 Park Avenue South, designed the building to be “a modern interpretation of the neighborhood’s rich history.” The tower is being constructed on a solid concrete base, with vertical stone columns punctuating the glass façade.

“My inspiration for this building was the glamour – not to mention the understated elegance – of the mansions that lined Madison Avenue in the late 19th and early 20th centuries. The key challenge was to capture the feel of, on the one hand, a rich and iconic history, and on the other, the spirit of an incredibly alive and vibrant neighborhood, one with more restaurants, fashion, and energy than perhaps any other part of a city, which itself is known for its dynamism,” said Karl Fischer, the architect.

The ground floor is designed with two retail spaces. Residences begin on the third floor, and the one- and two-bedroom units begin on the fourth floor.

Special features of the Mansion, Sky House, and penthouses will be revealed soon, but Tessler Developments did disclose a few special touches made with the end user’s satisfaction in mind: Every unit is a corner unit, which was made possible by laying out the homes with careful forethought, keeping each floor to a maximum of three homes, the developers say; every unit has a powder room, allowing for privacy while entertaining. Additionally, every bedroom has an en suite bath.

The sales office, next door to the construction site, will open in mid-March. Occupancy is expected in late 2016.
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Old March 11th, 2015, 12:46 AM   #19
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This tower is great!
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Old April 15th, 2015, 09:32 PM   #20
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This is u/c. I'll post photos ltr.

P.S.: www.172madisonave.com
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