Madison House passes $75M in sales; Condos in NoMad's tallest tower from $1.48M

By Michelle Mazzarella | From Future New York Thursday, August 6, 2020

Madison House as seen from 230 Fifth Avenue rooftop via CityRealty

At 805 feet high, Madison House is the tallest residential building in NoMad. It has also reached new heights from a sales perspective: Developers JD Carlisle Development and Fosun International Limited reported $75 million in signed contracts. The building was quick to embrace virtual tours in light of the coronavirus pandemic, but its height, views, amenities, and address attracted attention well before the first case.

A spokesperson for the building says that six additional contracts have been signed in the last two weeks alone. Availabilities start at $1.48 million for one-beds, $2.665 million for two-beds, $5.39 million for three-beds, and $13.73 million for four-beds. The building has a projected sellout of $771,860,000 according to the offering plan submitted to the state's Attorney General office.

Construction topped out last August, and the building is now fully enclosed with a sleek glass facade with white terra cotta boning and a dramatic crown, as designed by Handel Architects. Occupancy is expected for summer 2021, allowing residents to move into a building with easy access to a robust dining scene that includes 230 Fifth, Black Barn, La Pecora Bianca, Bread & Tulips, Dos Caminos, Eataly's SERRA Fiorita by Birreria, and Il Patio di Eataly, all of which are now open for outdoor dining. The Flatiron District, Chelsea, Murray Hill, Midtown, and several transportation options are a short walk away.

“Madison House was carefully engineered to provide extraordinary views, uses only the highest quality materials and provides true everlasting value regardless of market conditions at an attainable price.” - Evan Stein, President, JD Carlisle Development

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All 199 units boast interiors by Gachot Studios that feature open, airy floor plans, soaring ceilings, 9’ doors, and corner windows offering panoramic skyline views. Kitchens are finished with custom rift-cut cabinetry, honed marble countertops and islands, and Gaggenau appliances. Master suites feature generous closet space and marble baths with custom vanities and platinum matte Dornbacht fixtures.

Residents are greeted by a double-height lobby, and over 30,000 square feet of health and social amenities start 150 feet above grade level to make the most of the light and views. These include a fitness center, pool and spa area with hot tub and cold plunge pool, golf simulator, children’s playroom, private lounge with chef’s kitchen and dining room, and landscaped roof garden.