When we last checked in with 172 Madison Avenue in November, only 14 stories of concrete had risen at the corner of 33rd Street. Now the condo tower stands 25-stories-tall, and YIMBY has a peek at the construction progress thanks to photos from Tectonic.
Ultimately, the Karl Fischer-designed building will reach 33 stories and host 69 condos. Glass currently wraps 10 or 11 stories in the middle of the structure, and black metal panels will eventually cover the exposed concrete supports that run in between the windows. The design isn’t too exciting, but the teaser site promises that the interiors will be tasteful and modern. Roughly 124,000 square feet of apartments will be stacked on top of 4,361 square feet of ground floor retail.
172 Madison Avenue, photo by Tectonic
The apartments hit the market in April, with prices ranging from $1.3 million for an 890-square-foot one-bedroom to $14.5 million for a 3,500-square-foot four-bedroom, three-bath penthouse. Units will break down into 17 one-bedrooms, 40 two-bedrooms, and six three-bedrooms, plus four penthouses.
There will also be two super-sized penthouses, the “Sky House” and “Mansion,” one of which comes with a 3,000-square-foot terrace and a 56-foot-long private pool.
172 Madison Avenue, photo by Tectonic
A slew of upscale amenities will fill the cellar levels, including a screening room, kids’ play area, pool, gym, yoga room, and lounge. There won’t be any parking for cars, but the second floor will offer storage space for 36 bikes.
Yitzchak Tessler and NMP Group are the developers, and construction is expected to wrap up in early 2017.
Rendering of 172 Madison Avenue by Karl Fischer
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