Skip to Content
CityRealty Logo

Carter's View

Plans for a new residential condominium tower at 158 Madison Avenue between 32nd and 33rd Streets have been reportedly revised.

In August, 2005, Thorwood Real Estate LLC, a joint venture headed by Joseph Sitt, the president and chief executive office of Thor Equities LLC, and Andrew Heiberger, the president of Buttonwood Real Estate LLC and the former founder and president of CitiHabitats, announced plans for a project at the site that was to be known as Sundari Lofts & Tower.

Those plans called for a 20-story, 50-unit building with balconies staggered above the five floors on Madison Avenue from the south to the north at the top.

In June, 2006, the venture, however, retained Massey Knakal Realty Services to sell the plans for the project that has a narrow mid-block frontage on the avenue.

Today, had an article stating that Reliance Construction Group had a new and different rendering for the project on its website. A spokesperson at Reliance's New Jersey office confirmed for that it was the construction manager for the project but had no comment on who the developer is.

The spokesperson did confirm that Ismael Leyva, who had drawn up the previous plan, is the architect. A call to Mr. Leyva's office was referred to the project manager for the development, Minish Chadra, but he did not return the call by late today.

The new design is for a 37-story tower with 103 units ranging in size from 540 square feet to 3,800 square feet, according to the article. The article stated the building would have a fitness center with a 58-by-10-foot pool and a Yoga center, features that the previous design also included.

The rendering indicated that the building would no longer have staggered balconies facing the avenue and that part of its street facade would be curved and that it would have three setbacks near its angled top, which would also have a spire. No new building plans were on file with the Department of Buildings.

"Sundari" is a Sanskrit word for "beautiful" and the earlier plans called for an Asian-style lobby and a garden with a waterfall, a 24-hour concierge, bicycle storage, individual storage units, and apartments would have had ceilings of 9 feet to 10 feet eight inches, washers and dryers, free-standing Starck soaking tubs, Sub-Zero refrigerators, Miele dishwashers, mahogany floors, green onyx vanities, and Viking ranges and ovens.

The site was formerly occupied by a utility substation that at one time served as Andy Warhol's studio.

Additional Info About the Building

Architecture Critic Carter Horsley Since 1997, Carter B. Horsley has been the editorial director of CityRealty. He began his journalistic career at The New York Times in 1961 where he spent 26 years as a reporter specializing in real estate & architectural news. In 1987, he became the architecture critic and real estate editor of The New York Post.