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126 Madison Avenue

Coordinates: 40°44′44″N 73°59′07″W / 40.74566°N 73.98516°W / 40.74566; -73.98516
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126 Madison Avenue
Map
Alternative namesMadison House, 15 East 30th Street
General information
StatusCompleted
TypeResidential
Location126 Madison Avenue
Manhattan, New York City
Coordinates40°44′44″N 73°59′07″W / 40.74566°N 73.98516°W / 40.74566; -73.98516
Construction started2017
Estimated completion2021
Opening2021
Height
Roof805 feet (245 m)[1]
Technical details
Floor count51
Floor area350,000 sqft (32,516 sqm)
Design and construction
Architect(s)Handel Architects
DeveloperFosun Property, J.D. Carlisle Development Corp.[2]

126 Madison Avenue (also known as 15 East 30th Street and Madison House) is a residential skyscraper under development by Fosun Property in NoMad, Manhattan, New York City.[3] The building is 47 stories and 805 feet (245 m) tall.[4] J.D. Carlisle Development Corp co-developed the project with Fosun Group, while Handel Architects is the architect. Construction began in 2017.[5]

History

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J.D. Carlisle purchased the building's site for $102 million in March 2015 with plans to build a 53 story residential building.[6] The developers received $350 million in construction financing from Bank OZK in May 2018.[7] The structure topped out in June 2019.[8]

References

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  1. ^ "15 East 30th Street". Emporis. Archived from the original on June 25, 2019.{{cite web}}: CS1 maint: unfit URL (link)
  2. ^ "Fosun Property Invests in 800-foot, 47-Story NoMad Luxury Residential Tower Development with JD Carlisle". Fosun Property. April 29, 2015. Archived from the original on October 26, 2015. Retrieved November 20, 2016.
  3. ^ Fung, Esther (April 29, 2015). "China's Fosun to Develop Luxury Property in New York". The Wall Street Journal. Retrieved June 2, 2015.
  4. ^ Fedak, Nikolai. "Revealed: 126 Madison Avenue, Aka 15 East 30th Street, 730-Foot Condomium Tower". New York YIMBY. Retrieved June 2, 2015.
  5. ^ Geiger, Daniel (April 30, 2015). "China's Fosun buys stake in new Madison Avenue condo tower". Crain's Business. Retrieved June 2, 2015.
  6. ^ Moses, Claire (March 3, 2015). "JD Carlisle pays $102M for NoMad development site". The Real Deal. Retrieved June 24, 2019.
  7. ^ Maurer, Mark (May 7, 2018). "Fosun, JD Carlisle score $350M loan for NoMad condo project". The Real Deal. Retrieved June 24, 2019.
  8. ^ Young, Michael (June 4, 2019). "126 Madison Avenue, Aka Madison House, Tops-Out 62 Stories And 805 Feet Above NoMad". New York Yimby. Retrieved June 24, 2019.