126 Madison Avenue Explained
| 126 Madison Avenue |
| Location: | 126 Madison Avenue
Manhattan, New York City |
| Alternate Names: | Madison House, 15 East 30th Street |
| Mapframe-Wikidata: | yes |
| Coordinates: | 40.7457°N -73.9852°W |
| Status: | Complete |
| Start Date: | 2017 |
| Est Completion: | 2021 |
| Opening: | 2021 |
| Building Type: | Residential |
| Roof: | 756feet[1] |
| Floor Count: | 51 |
| Floor Area: | 350,000 sqft (32,516 sqm) |
| Architect: | Handel Architects |
| Developer: | Fosun 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 730feet 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
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]
Notes and References
- Web site: 15 East 30th Street. https://web.archive.org/web/20190625030155/https://www.emporis.com/buildings/1237683/15-east-30th-street-new-york-city-ny-usa. dead. June 25, 2019. Emporis.
- Web site: Fosun Property Invests in 800-foot, 47-Story NoMad Luxury Residential Tower Development with JD Carlisle. April 29, 2015. November 20, 2016. Fosun Property. https://web.archive.org/web/20151026081901/http://www.fosunproperty.com/en/Information_content.php?xx_id=370&key=news. October 26, 2015. dead.
- News: Fung. Esther. China’s Fosun to Develop Luxury Property in New York. June 2, 2015. The Wall Street Journal. April 29, 2015.
- Web site: Fedak. Nikolai. Revealed: 126 Madison Avenue, Aka 15 East 30th Street, 730-Foot Condomium Tower. New York YIMBY. June 2, 2015.
- News: Geiger. Daniel. China's Fosun buys stake in new Madison Avenue condo tower. June 2, 2015. Crain's Business. April 30, 2015.
- News: JD Carlisle pays $102M for NoMad development site. March 3, 2015. Moses. Claire. The Real Deal. June 24, 2019.
- News: Fosun, JD Carlisle score $350M loan for NoMad condo project. The Real Deal. May 7, 2018. Maurer. Mark. June 24, 2019.
- News: 126 Madison Avenue, Aka Madison House, Tops-Out 62 Stories And 805 Feet Above NoMad. New York Yimby. June 4, 2019. Young. Michael. June 24, 2019.
