Back in late April the Wall Street Journal posted a sliver of the rendering for 126 Madison Avenue, a 47-story residential tower which is being developed by Fosun Property and JD Carlisle at the northern edge of NoMad, on the east side of 30th Street and Fifth Avenue. Now, YIMBY has the full image for the skyscraper, as well as another perspective, giving a much better idea of the 730-foot project’s eventual impact on the Midtown South skyline.
DOB permits for the building were first filed back in September, but have subsequently been amended for a slightly shorter building. The initial height of 825 feet has seen an apparent 95-foot downward revision, but even with the loss, the building will be one of the tallest residential structures in Manhattan.
Handel Architects is designing 126 Madison Avenue, and the facade will be glassy and sleek, with an angular roof capping the project. The building will also be very slender, and the site’s zoning diagram better illustrates the configuration of the tower and base. The structure will have 180 condominiums with a total area of approximately 350,000 square feet, and was originally filed under the address 15 East 30th Street.
The rest of 30th Street is also booming with new development, starting with the Hudson Yards on the Far West Side. Moving east, a condo project is in the works at Alchemy’s 846 Sixth Avenue (located on the southeast corner of Sixth/30th Street) and hotels are planned at 1221 Broadway (the southwest corner of 30th and Broadway, to house the Virgin Hotel) and just across the street from 126 Madison, at 16 East 30th Street.
The list includes buildings closer to the height of 126 Madison Avenue as well, with similarly-sized projects planned at 281 Fifth Avenue, on the southeast corner of 30th and Fifth, and possibly the old Bancroft Building site, which spans to the southwest corner of 30th and Fifth.
As for 126 Madison Avenue, Crain’s reports, “construction on the building will begin by the end of the third quarter, and the tower will likely be finished by 2018. Sales will begin in the third quarter of 2016.”