Tessler Development


172 Madison Avenue

Construction Wrapping on 33-Story, 69-Unit Mixed-Use Tower at 172 Madison Avenue, Midtown South

The 33-story, 419-foot-tall mixed-use building under development at 172 Madison Avenue, on the northwest corner of East 33rd Street in Midtown South, has now topped out and exterior construction is wrapping up. The update comes thanks to photos posted to the YIMBY Forums by JC_Heights. The 132,425-square-foot tower will eventually host 69 condominiums, averaging 1,795 square feet apiece and coming in one- to three-bedroom configurations. There will also be a mansion on the third floor and the tower will be topped by a four full-floor penthouses and a Sky House triplex apartment. The ground floor will have 4,361 square feet of retail space. Amenities include a swimming pool with accessory saunas and lockers (there will also be two private pools), a fitness center, a yoga/ballet room, bike storage, a children’s playroom, an entertainment lounge, a dog washing station, and private residential storage units. Tessler Developments is behind the project, and Karl Fischer is responsible for the design. Occupancy is expected this fall.



172 Madison Avenue

33-Story, 69-Unit Residential Tower Up To 14 Stories At 172 Madison Avenue, Midtown East

Over a year ago, YIMBY reported on schematic drawings for a 33-story, 69-unit mixed-use tower at 172 Madison Avenue, in Midtown East, and earlier this year, we revealed renderings of the Karl Fischer-designed building. Construction kicked off last spring and now the structure is 14 stories above street level, courtesy of photos by Tectonic. Although not apparent, glass installation has also begun. The building’s ground floor will feature 4,361 square feet of retail space, and condo units will average 1,795 square feet apiece. Tessler Development is developing and completion is expected in 2016.



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