Real Estate Weekly
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Seeing things a little differently on Madison Avenue

One Sixty Madison, a 319-unit luxury rental tower situated in the heart of NoMad, will force you to see New York in an entirely new way.

The result of a partnership between J.D. Carlisle Development Corp., DLJ Real Estate Capital Partners and Mitsui Fudosan America, Inc, the 45-story building stands at a 45-degree angle on the edges of Chelsea, Gramercy, and Midtown.

Boasting an octagonal shape, the building is home to residences that have perhaps the most unique views in the entire city.

“This first-ever, octagonal design breaks with the typical New York City street wall,” said Evan Stein, president of J.D. Carlisle Development Corp.

160 Madison
160 Madison

“The brilliant way the architects placed the footprint of the tower at an angle lets our tenants experience Manhattan’s skyline from a unique perspective with living rooms facing northeast at the Chrysler building and northwest towards the Empire State Building. These vantage points are unlike anything else out there.”

Residences are bathed in natural light through floor-to-ceiling windows, many 12 ft. high, accented by White Oak floors, with thoughtful details emphasized throughout. Unique but accommodating layouts offer furnishable and spacious residences, with most able to accommodate dining tables for up to 8 people. Additionally, thanks to the building’s octagonal shape, corner residences feature triple panoramic view exposures, as opposed to the more standard double exposure.

“Even if you’re in your standard, straight one bedroom apartment, you’re sitting from a vantage point that is unusual,” Stein said. “You’re not looking into anything,” he continued. “What you do is see everything on an angle.”

Rising 45-stories, One Sixty Madison offers 319 a range of studios, one bedrooms and two bedroom homes. SLCE Architects created a unique work of architecture, with interiors of “sophistication” and “wit” by Philip KoetherArchitects.

The synthesis of their respective talents creates what Stein refers to as an “exquisite rental property with notable allure both inside and out.”

160 Madison
160 Madison

Douglas Elliman Development Marketing is the exclusive marketing and leasing agent for the property.
“We’ve created something exceptional, right in the heart of NoMad, that outshines all other living experiences in Manhattan,” said Cliff Finn, EVP at Douglas EllimanDevelopment Marketing. “The elegance and sophistication of the building are a step above the rest.”

No doubt, the building will continue to attract similar residents as its counterparts in other areas of the city, such as the High Line. However, the building’s angled positioning and eight-sided shape are not all that set it apart.

The structures proximity to several neighborhoods at once, allows residents to be within a quick walk’s distance of Eatlaynear Madison Square Park, the hustle of Midtown, and the trendy streets of Gramercy.
The building has only been open to accepting leases since September but it currently sits at over 30 percent occupancy. Monthly pricing begins at $3,900 and can run to over $6,000 depending on the apartment.

All of the units provide an in-home washer & dryer while some of the higher priced selections offer residents considerably more closet space.

“We try to keep the studios under 500 s/f,” said Stein who admitted that in order to provide tenants with the most luxurious experience possiblem they had to get creative when designing the kitchens in the smaller units. “The kitchen it tucked in a spot to maximize the living area,” said Stein.

However, despite the need for efficient spacing, the kitchens are still worthy of the luxury label for a Manhattan dwelling.

“We’ve had tremendous success in some of our other projects with corner one bedrooms,” Stein told Brokers Weekly while discussing the larger units.

“What we tried to do is, when we turned the building, we then tried to angle he corners as well. This has been tremendously successful for us because we think its unique.”

The one bedrooms span from about 620 s/f to approximately 924 s/f. They wield a glass curtain wall which accents the living room with a sprawling urban vantage point. These units can cost near $5,000.
The building has five penthouses, which are not all completed yet.

The penthouses maximize the property’s unique vantage point, giving residents the diagonal view of Manhattan, Brooklyn and New Jersey from a bird’s eye perspective.

One Sixty Madison offers over 20,000 square feet of amenity spaces, featuring the Three Sixty Lounge atop the building over 525ft in the air, which features an indoor fireplace, and two expansive rooftop terraces with remarkable views of the city’s greatest landmarks.

This lounge offers the rare opportunity to enjoy a lavish amenity space on the building’s top floor. Residents also have access to the nearly 14,000 square feet Park Lounge, which is surrounded by the building’s elevated and landscaped private park.

Additional amenities include a state-of-the-art fitness center overlooking the private park, valet and concierge services, bicycle storage and a fully attended lobby.

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