The high-rise at 49 East 34th Street was only completed in 2007, but already has quite a history. It previously served as a hotel, but underwent an adaptive reuse renovation in 2009 for residential use. Starting in 2012, owner CIM Group leased the property for two years to BridgeStreet, which got in some trouble for running the building as an “extended-stay hotel"; a settlement was reached in February 2016. In 2017, CIM Group sold the building, which was then known as Madison Park Tower, to a joint venture between Morgenstern Capital and TLM Equities LLC for $80 million. Most recently, it has been rebranded as The Knox and is now leasing.
A series of one-bedrooms is on the market, and prices start at $2,850/month. The price is net effective to reflect two months free rent, and is roughly in line with the local median price of $2,999/month for one-bedrooms (figures per CityRealty listings).
A series of one-bedrooms is on the market, and prices start at $2,850/month. The price is net effective to reflect two months free rent, and is roughly in line with the local median price of $2,999/month for one-bedrooms (figures per CityRealty listings).
The Knox is well situated near near Stern College for Women and Touro College’s Midtown campus, not to mention Grand Central, Herald Square, Bryant Park, popular restaurants, and supermarkets. It is also in the heart of a building boom that has taken hold on the cusp of NoMad and Murray Hill, and includes recent rentals like The Dylan and One Sixty Madison. On the condo front, new developments nearby include Madison House, 172 Madison, and 30E31.
↓ All units at The Knox boast condo-caliber finishes, sprawling layouts, abundant storage space, high ceilings, hardwood floors, and in-unit washer/dryers.
↓ Kitchens are equipped with custom Italian cabinetry, stone countertops, glass-tiled backsplashes, and stainless steel appliances.
↓ Marble baths are finished with Kohler fixtures.
↓ Residents are greeted by an attended lobby.
↓ Amenities include a live/work lounge, fitness center, bike room, and central laundry room.
↓ A landscaped rooftop looks out on 360-degree views of the Empire State Building, the East River, and the Manhattan skyline.
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