550 Madison rendering via Dbox
Curbed spotted the freshly launched teaser site for the Chetrit Group’s Sony Tower conversion, now going by the name 550 Madison, which revealed several new details about the project. The most notable is that Robert A.M. Stern will be designing the “opulent” condos, and we assume this includes the $150 million triplex penthouse. Interestingly, Stern was once a student of Philip Johnson, who is responsible for the ground-breaking Sony Building. In all, there will be 113 condo units on floors 21-43, up from the previously reported 96, as well as a 170-key luxury Parisian hotel and high-end ground-floor retail.
550 Madison will be the first U.S. hotel for Germany’s Oetker Collection, whose flagship location is the five-star Bristol in Paris. The French hotel has a restaurant with three Michelin stars and an indoor rooftop pool that resembles a designer yacht cabin. This same luxurious lifestyle will carry over to their NYC outpost, to be named New York Masterpiece. It will have 60 fancy suites, a 25-meter pool, a spa, and an upscale restaurant. These amenities will also be available to the condo residents.
At least now we know that the $1.8 billion sellout comes with a starchitect attached to it. Construction and renovation work at 550 Madison has yet to commence, but it’s expected to be completed in 2018. Stay up to date on progress and listings for the conversion at CityRealty.
- Luxury Parisian Hotel May Be Coming to Chetrit’s Sony Building Conversion
- Record $150M Sony Building Penthouse Will Also Be the City’s Biggest
- Chetrit Group Plans $1.8B Sellout for 96 Condos in the Sony Tower
Neighborhoods : Midtown East