Adellco, a full-service real estate owner, developer, and manager with over 25 years of history in New York City real estate, announced the completion of construction at The Wales, including a gorgeous new construction Penthouse atop the historic structure. Formerly known as the Hotel Wales, the neo-Renaissance condominium building is located at 1295 Madison Avenue steps from Central Park in the heart of the Upper East Side’s coveted Carnegie Hill Historic District. The Wales dates back to the turn of the century with exquisite interiors by globally-acclaimed design studio PINTO.
The Wales original facade was restored to its original splendor and inspired PINTO’s approach to the interiors with its detailed cornices, window surrounds, and brick and stone elements. PINTO is beloved for its finely detailed interiors crafted for an elite clientele, including luxury yachts, royal palaces, and private jets and this approach has been applied to the ultra-luxury residences at The Wales.
“We are proud to announce the completion of the meticulous restoration of The Wales,” said Matthew Adell, Founder of Adellco. “Move-ins are well underway and we’ve delivered to the building within an impressive timeline. The result is the perfect marriage of old-world aesthetic and new, modern interiors including the newly constructed Penthouse. Calling The Wales home means you have the best of everything in the most elegant setting and location.”
An extraordinary five-bedroom Penthouse is on the market with an asking price of $23 million. This crown jewel is a full-floor Penthouse spanning 4,179 square feet with five bedrooms, five full baths, and two powder rooms. Breathtaking vistas are enjoyed from oversized windows framing open views to the south and Central Park to the west. The expansive interiors are complemented by 3,114 square feet of private outdoor space across two levels. The exceptional home includes a private elevator, a gracious wraparound terrace, an outdoor kitchen complete with a wet bar, a fireplace, and a butler’s pantry.
According to Pietro Scaglione, Designer & Art Director of PINTO, “We appreciated Adellco’s vision for the building which complemented our firm’s specialty: classic architecture and design with a contemporary twist by way of color, textures, sculptures, and art. We paid homage to the rich history of the property from the glamorous lobby to the extraordinary Penthouse.”
Residences feature white oak herringbone flooring with a natural wax finish, custom cornices, and oversized windows. Kitchens are outfitted with custom 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 undermount sink. Primary baths feature Kaldewei Centro Duo oval tubs, as well as a standing shower with Kallista and handles in chrome. 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.
The PINTO-designed amenity spaces include an elegantly appointed lobby with striking Bianco Estremoz and Grigio Nicola marble floors paired with Zimbabwe Black granite, 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.
