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The Wales at 1295 Madison Avenue - Courtesy of VMI Studios

YIMBY Tours The Wales At 1295 Madison Avenue on Manhattan’s Upper East Side

YIMBY toured The Wales, a newly converted 11-story condominium building at 1295 Madison Avenue in the Carnegie Hill section of Manhattan’s Upper East Side. Developed and owned by Adellco, which purchased the site from LJ Real Estate Capital Partners in 2018 for $56.3 million, along with Parisian design studio PINTO, the historic building features a collection of 21 condominium units and accompanying amenity spaces. Form4 Design Studio and Higgins Quasebarth designed the renovations and upper two-story expansion, and Press Builders served as the general contractor for the property, which was formerly known as Hotel Wales and stands at the corner of Madison Avenue and East 92nd Street. Condominium closings commenced back in March with residences priced from $3.59 million to $21.5 million for the penthouse.

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Updated Plans Revealed for 231 East 94th Street Skyscraper on Manhattan’s Upper East Side

Revised plans have been announced for 231 East 94th Street, an upcoming 46-story residential skyscraper in the Yorkville section of Manhattan’s Upper East Side. Designed by Hill West Architects and developed by The Chapman Group, the 524-foot-tall structure will span 385,831 square feet and yield 452 units in studio- to two-bedroom layouts with 113 of the homes dedicated to affordable housing, as well as ground floor commercial and community facility spaces and a rear yard. The development will replace two low-rise parking garages, an auto repair shop, and a vacant five-story apartment building between Second and Third Avenues.

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1299 Third Avenue Rises Past the Halfway Mark on Manhattan’s Upper East Side

Construction has risen past the halfway mark on 1299 Third Avenue, a 33-story residential tower on Manhattan’s Upper East Side. Designed by SLCE Architects and developed by Elad Group, which purchased the plot for $61 million in April 2022, the 420-foot-tall structure will yield 47 condominium units. Press Builders is the general contractor for the property, which is located on an interior lot facing Third Avenue with two small extensions to East 74th and East 75th Streets.

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200 East 75th Street Tops Out Over Manhattan’s Upper East Side

Construction recently topped out on 200 East 75th Street, an 18-story residential building in the Lenox Hill section of Manhattan’s Upper East Side. Designed by Beyer Blinder Belle and developed by EJS Development, which purchased the property for $32.5 million in March 2021, the 214-foot-tall structure will span 97,569 square feet and yield 36 condominium units and ground-floor retail space. Triton Construction Industry is the general contractor for the project, which is alternately addressed as 1305-1307 Third Avenue and located at the intersection of Third Avenue and East 75th Street.

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Hospital For Special Surgery’s Expansion Begins to Take Shape on Manhattan’s Upper East Side

Construction is underway on The Anna-Maria and Stephen Kellen Tower, a 12-story waterfront expansion of the Hospital For Special Surgery at 535 East 70th Street in the Lenox Hill section of Manhattan’s Upper East Side. Designed by EwingCole, the $200 million addition will span 100,000 square feet directly over FDR Drive and connect to the main hospital wing to the south via a sky bridge. Tishman Construction Corp. is the general contractor for the property, which is located between East 71st and 72nd Streets.

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