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Madison Avenue Rental On Formerly Stalled Site Tops Out

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It's been nearly a decade since plans first surfaced for a residential building at the corner of Madison Avenue and 33rd Street, and now, a few redesigns and owner swaps later, the building is actually a real thing. New York YIMBY reports that the 42-story building at 160 Madison Avenue has topped out, and it's on track for completion in 2015. The last time we checked in on the site, J.D. Carlisle Development had just purchased it from lender North Hill Capital Management after the original owners defaulted on its construction loans. Carlisle announced plans to building rentals on the site rather than condos, and they tapped SLCE Architects to design the building.

The building rises a total of 452 feet, and it will hold 319 apartments. Amenities include bike storage, a common terrace, fitness center, and a lounge. As YIMBY points out, the building's street presence is a bit weird, as the tower is set back atop a two-story podium at an angle.

When plans for the site were first announced many moons ago, the property was a weird T-shape, with frontage on Madison and 33rd, but J.D. Carlisle eradicated that issue by purchasing the adjacent building on the corner and tearing it down, to create one large corner site. Google Streetview's time traveling function lets you journey back to 2007 to see what the site used to look like.
· Construction Update: 160 Madison Avenue [YIMBY]
· All 160 Madison coverage [Curbed]

158 Madison Avenue

158 Madison Avenue, New York, NY