1295 madison avenue

condos, Cool Listings, Upper East Side

Photo credit: VMI Studios

Capping the reinvention of the former Hotel Wales at 1295 Madison Avenue as luxury condominium residences, a newly-constructed 4,179-square-foot penthouse spanning the building’s highest floor has just arrived on the market. The $23,000,000 home in the Carnegie Hill Historic District contains five bedrooms and seven bathrooms; its biggest asset, however, may be the 3,114 square feet of wrap-around terraces on two levels with Central Park views, an outdoor kitchen with a wet bar, a fireplace, and a butler’s pantry.

Get a peek at this parkside penthouse

condos, Hotels, Landmarks Preservation Commission, Upper East Side

Rendering of the proposed cornice at Hotel Wales by Form4Design Studio and Higgins Quasebarth & Partners, LLC; via LPC

The Landmarks Preservation Commission on Tuesday approved plans to retrofit Carnegie Hill’s historic Hotel Wales, which is set to be converted into luxury condominiums. The proposal from Form4 Design Studio and Higgins Quasebarth & Partners retains the hotel’s Beaux-Arts facade, terra cotta elements, and scroll-bracketed balconies, as CityRealty reported. But the biggest alteration planned for the Carnegie Hill Historic District building is the new cornice and rooftop addition, the design of which the LPC on Tuesday said needs to be modified.

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Archtober

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