Sales Commence at The Wales, a Historically-Significant NY Institution Reimagined by Adellco | Real Estate Weekly

2022-09-09 18:51:31 By : Ms. Anna Zou

Today Adellco formally announces the launch of sales for the condominium residences at The Wales, a 10-story historic building located at 1295 Madison Avenue. The Wales offers a modern take on landmark-living, moments away from Central Park in the heart of Carnegie Hill, a beloved neighborhood on the Upper East Side of Manhattan. The neo-renaissance building, an old-world New York institution, features 21 for-sale two- to four-bedroom homes including a striking one-of-a-kind five-bedroom Penthouse. Acclaimed Parisian design firm Pinto is responsible for the remarkable interiors at The Wales. The reveal of The Wales comes on the heels of immense success at 27 East 79th Street, which was also developed by Adellco. Paired with historic architecture from 1899, there is a sense of elegance and unrivaled opulence at The Wales that harkens back to an era of glamour, romance, and enduring quality. 

Award-winning design studio Pinto drew inspiration from The Wales’ original facade with its detailed cornices, window surrounds, and brick and stone elements. The Paris-based earned renown for founder Alberto Pinto’s embrace of refined materials fused with rich textures, patterns and a passion for the eclectic. Today, the firm carries on Pinto’s aesthetic legacy with finely detailed interiors crafted for an elite clientele, including luxury yachts, royal palaces, and private jets. For The Wales, the esteemed firm conceptualized a classic design with pre-war influences for the spacious ultra-luxury residences and the beautiful amenity spaces at the building. 

“The Wales is a true example of neo-renaissance pre-war architecture at its finest. Appointed with warm yet modern interiors by Pinto, we are presenting an ideal residence for a purchaser who appreciates close proximity to Central Park, the finest schools, and the alluring neighborhood of Carnegie Hill with all it has to offer,” says Matthew Adell, Founder of Adellco. “The Wales comes to market at a time when New York City’s residential real estate market is reaching new heights and new development in Carnegie Hill is exceedingly rare.”

The Wales’ elegantly appointed lobby features coffered ceilings, custom moldings, and floors of striking Bianco Estremoz and Grigio Nicola marble paired with Zimbabwe Black granite throughout. Antique wall mirrors reflect the warmly lit custom brass chandelier while a decorative fireplace and seating area offer a timeless focal point along with a custom-designed desk by Pinto.

The residences feature herringbone oak flooring with a natural wax finish, custom cornices, and base moldings. Custom kitchens are outfitted with white lacquer cabinetry with an Art Deco-inspired geometric relief pattern and a stainless steel and white oak inlay design, complemented by Crystal Grey calcite stone countertops and backsplashes. Appliances include Sub Zero refrigerators, Wolf gas ranges, ovens and speed ovens, XO wine refrigerators, and a Kohler Aquifer water filtration system. Select residences offer wet bars with a Sub-Zero under-counter refrigerator and Kallista fixtures. Each home features an Asko or Electrolux washer/dryer and all residences have individually-controlled zoned HVAC units.

Primary baths include Carrara marble vanity tops, walls, floors, and tub decks as well as geometric tile flooring with Bianco Carrara and Grigio Nicole marble features. Custom vanities feature glossy white lacquer cabinetry and a Kallista under-mount sink. Primary baths feature Kaldawei Centro Duo oval tubs, as well as a standing shower with Kallista, handles in chrome. Secondary baths also feature gorgeous custom vanities, marble details, and Kohler tubs. Powder rooms are appointed with marble wainscoted walls and floors, a custom lacquer vanity with a marble slab top, and chrome-trimmed mirrors with integrated LED lighting. 

Pinto designed various amenity spaces at The Wales include a sleek fitness center with richly toned oak wall paneling and equipment by Peloton, Hydrow, and NordicTrack along with a pet spa and grooming station. Bicycle storage and private storage provide added convenience. The Wales’ attentive staff provides 24-hour doorman and concierge services. 

“As a Carnegie Hill resident, I’m so excited to see The Wales’ transformation into a luxury residence for discerning buyers in one of Manhattan’s most coveted neighborhoods. We are thrilled to be selling this rarified property,” said JP Forbes, Sales Director of The Wales. “We are excited to come to market at a time when pre-war architecture and large-scale residences are particularly sought after.” 

The Wales is situated steps away from Fifth Avenue, Central Park, and the best that Carnegie Hill has to offer including cultural attractions like The Guggenheim Museum, The Cooper Hewitt, and the Jewish Museum. The upscale neighborhood is also home to some of the finest secondary schools in New York. Established restaurants such as Island, Pascalou, and Sfoglia remain tried and true staples for Carnegie Hill locals. 

Two-bedroom homes are priced from $3.85 million and three and four-bedroom homes begin at $5.75 million, and $7.42 million, respectively. The crown jewel full-floor Penthouse offers views of Central Park and The Reservoir and is complete with a wraparound terrace, a separate roof terrace with an outdoor kitchen and fireplace, and a private elevator. Penthouse pricing is available upon request. 

Occupancy at The Wales is slated for late 2022. For more information, contact please visit www.WalesNY.com, email sales@walesny.com or call 212-842-1855.