Adellco Announces Closings at The Wales, a Historic New York City Condominium Reimagined by the Reputable French Design Firm PINTO

Adellco - The New York City Condominium The Wales

NEW YORK, New York - March 23, 2023

Adellco, a real estate owner, developer, and manager with over 25 years of experience in the New York City real estate market, has announced the beginning of closings at The Wales. The neo-Renaissance condominium structure, once the Hotel Wales, is situated at 1295 Madison Avenue and dates back to the turn of the century, with interiors recreated by the internationally renowned design company PINTO. The Wales is located steps from Central Park in the prestigious Carnegie Hill Historic District on the Upper East Side.

It contains 21 exquisite two- to four-bedroom units ranging from $3.585 million and an amazing, newly-constructed five-bedroom penthouse valued at $23 million.

The Wales commences occupancy immediately; Corcoran Sunshine Marketing Group is directing sales and marketing efforts for the remaining restricted inventory.

Matthew Adell, the founder of Adellco, said,

"We are delighted to welcome new residents to our historic condominium on Carnegie Hill. Conceived and developed by the excellent Parisian design team PINTO, The Wales combines an old-world look with contemporary flourishes and lasting quality superbly. The area is in high demand because to its closeness to Central Park, culture, outstanding schools, historic architecture, and amazing restaurants. We're certain that residents will love living at The Wales."

The foyer of The Wales is exquisitely decorated with vaulted ceilings, handcrafted mouldings, and flooring of Bianco Estremoz and Grigio Nicola marble combined with Zimbabwe Black granite. Medieval wall mirrors reflect the warmly illuminated handcrafted brass chandelier, while a gorgeous fireplace, sitting area, and custom-designed desk by PINTO give a timeless focal point.

Homes include natural wax-finished white oak herringbone flooring, bespoke cornices, and enormous windows. Custom white lacquer cabinets with an Art Deco-inspired geometric relief pattern and a stainless steel and white oak inlay design are paired with Crystal Grey calcite stone worktops and backsplashes in the kitchens. Sub-Zero freezers, Wolf gas stoves, ovens, and speed ovens, XO wine refrigerators, and a Kohler Aquifer water filtration system are among the home's appliances. Several apartments have wet bars with an under-counter Sub-Zero refrigerator and Kallista fittings.

Each property has a washer/dryer from Asko or Electrolux, as well as individually controlled zoned HVAC systems.

The primary bathrooms have Carrara marble vanity tops, walls, floors, and tub decks in addition to Bianco Carrara and Grigio Nicole marble geometric tile flooring. Bespoke vanities include white lacquer cabinets and an undermount Kallista sink. The primary bathrooms include circular Kaldewei Centro Duo tubs and a standing shower with Kallista and chrome knobs. Also, secondary bathrooms offer exquisite custom vanities, marble accents, and Kohler tubs.

The powder rooms have marble wainscoting on the walls and floors, a bespoke lacquer vanity with a marble slab top, and chrome-framed mirrors with LED lighting.

The crown gem, full-floor, 4,179 SQ FT Penthouse above the building. The Wales has five bedrooms, five full bathrooms, and two beautiful powder rooms. The enormous windows frame offer breathtaking city and Central Park views. The large interiors are complimented by private exteriors that stretch 3,114 square feet over two floors and feature a private elevator, a wraparound terrace, an outdoor kitchen with a wet bar, a fireplace, and a butler's pantry.

In addition to a pet spa and grooming station, the PINTO-designed amenity areas at The Wales feature a contemporary exercise facility with richly toned wood wall panelling and equipment from Peloton, Hydrow, and NordicTrack. Private storage and bicycle storage add to the convenience.

The dedicated staff at The Wales offers 24-hour doorman and concierge services.