LIFE BEYOND FIRST CLASS
REAL ESTATE
BEYOND ICONIC
The full-floor 4,179 SF Penthouse at the former historic Wales Hotel came to market is spectacular, with five bedrooms, five full baths, and two striking powder rooms.
New York City, New York
Price Upon Request
JESSICA HALL
PHOTOGRAPHY BY: VMI STUDIOS
You step into NYC history with serious Parisian flair as you enter the gorgeous lobby of this just-launched hotel-to-condo conversion. The lobby features coffered ceilings, a custom walnut and marble concierge desk, and antique mirrored walls. Only 15 years ago, the hotel was the hotspot for celebrities to primp prior to their grand arrivals at the Met Ball.
“Finding a historically significant conversion like The Wales on such a distinctive Carnegie Hill corner is very unusual because of the rarity of new building opportunities in the Landmark District,” says Matthew Adell, owner at Adellco (Developer of The Wales). “Most establishments endure. Carnegie Hill is a classic neighborhood with very limited turnover and we were very fortunate to have the ability to bring this storied building into a new era. The Penthouse, in particular, is brand new construction above the historic structure. It is a once-in-a-lifetime opportunity to own a private home with a massive private wraparound terrace spanning 3,114 SF with views of Central Park.”
This building was one of the very first structures in the historic landmarked neighborhood (that Woody Allen famously fought to preserve) and built in 1899. It harkens to a bygone era when New Yorkers appreciated pre-war detail and impeccable design. The façade includes a cornice sized down by an exceptional team of preservationist architects so that the Penthouse would not be too visible from the street per Landmark requirements. The result blends beautifully with the original aesthetic.
One of the standout elements of this master-of-the-universe abode is its massive private wraparound terrace spanning 3,114 SF across two levels with an outdoor kitchen complete with a wet bar, a fireplace, and a butler’s pantry. An elegant entry gallery, with a dedicated elevator and curved stair to the roof terrace, leads to a gracious corner great room with a grand fireplace, coffered ceilings, beautiful southwestern corner windows, and terrace access on two exposures through grandly scaled French doors. The windowed eat-in kitchen, custom-designed by PINTO, features white lacquer cabinetry designed with an Art Deco-inspired geometric relief pattern and inset stainless steel and white oak details offset by crystal gray calcite slab countertops and backsplashes. This splendor is beyond atypical for new construction, and 360-degree exposures fill the home with glorious light and killer views.
“Typically, in new development, the building is torn down and rebuilt, comments Dawn David, Licensed Real Estate Broker, Corcoran. “The Wales is a unique opportunity to reside in the heart of Carnegie Hill and experience the old with the new in all the right places. The classic pre-war, landmarked exterior structure will be preserved with the benefit of modern finishes and systems on the inside, such as individually controlled zone HVAC systems. The homes are graciously sized with entry foyers, abundant closet space, 10’ ceilings, and Central Park views from the southwest corner. Wales will be the Premier Residence in Carnegie Hill.”
The Wales was developed by Adellco, the team behind 27 East 79th Street. Matthew Adell, President of Adellco, is available to speak to you about this unique offering, as is J.P. Forbes, the exclusive listing agent / Director of Sales with Corcoran Sunshine Marketing Group.