Madison Equities

212 Fifth Avenue clad in scaffolding

Touring the Under Construction Condo Conversion at 212 Fifth Avenue, Flatiron District

The Neo-Gothic high-rise at 212 Fifth Avenue has occupied a wedge-shaped plot just north of Madison Square Park since 1912. It once held furniture and garment manufacturers, who had their offices on the upper floors and massive showrooms on the lower ones. Now, Madison and Thor Equities are converting the 24-story building to condos, and they’re restoring the landmarked limestone facade and cornices in the process. YIMBY recently toured the property and got a close-up look at the restoration.

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45 Broad Street

Developers Close On 45 Broad Street, Plan 65-Story Condo Tower, Financial District

Back in August, YIMBY brought you news that Madison Equities was in contract for the development site at 45 Broad Street, in the Financial District, and now the developer has closed on the property for $86 million. Madison Equities is partnering with Pizzarotti-IBC to build a 65-story condominium tower, potentially totaling 290,000 square feet. AMS Acquisitions is also a minority investor, and Cetra/Ruddy is designing the project. Completion of the tower is tentatively scheduled by 2019.


10 Sullivan's curved facade

10 Sullivan Street Nears the Finish Line in Soho

The flatiron-shaped facade at 10 Sullivan Street in Soho has most of its hand-laid Norman bricks and curved glass, and workers are busily installing bathroom tile and gas fireplaces. The building will eventually top out at 16 stories and hold 22 condos on a triangular lot wedged between Sullivan Street, 6th Avenue, Spring, and Broome Streets.

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212 5th Avenue

New Renderings Of 24-Story, 48-Unit Condo Conversion At 212 Fifth Avenue, NoMad

Early last month, the residential conversion of the 24-story commercial building at 212 Fifth Avenue, in NoMad, was underway, and now Curbed has uncovered new exterior and interior renderings of the project. Forty-eight condominiums are being carved out of the existing structure, and the units will be large, with some measuring 1,500 square feet, and larger configurations measuring north of 4,000 square feet. Madison Equities and Thor Equities are developing, while Helpern Architects is designing. Sales have already launched, and completion is expected next spring.


48-Unit Residential Conversion Underway At 212 Fifth Avenue, NoMad

Earlier this spring, YIMBY reported on the approval of the planned residential conversion of the 24-story 212 Fifth Avenue, in NoMad, and now the project is underway, according to The New York Times. Madison Equities, Thor Equities, and Building and Land Technology are developing, and 48 condominiums are being carved out of the structure, ranging from two to four bedrooms apiece. Helpern Architects is designing, and a spring 2016 delivery date is anticipated.


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