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04 Nov 2024

Excavation, Pilings Underway at 1128 Madison Avenue on Manhattan’s Upper East Side

Excavation, Pilings Underway at 1128 Madison Avenue on Manhattan’s Upper East Side

Earthwork is underway at 1128 Madison Avenue, the site of an 18-story residential building on Manhattan’s Upper East Side. Designed by Hill West Architects and developed by Legion Investment Group, the 210-foot-tall structure will span 86,000 square feet and yield 22 condominium units with an average scope of 3,500 square feet. The property is alternately addressed as 22 East 84th Street and located at the corner of Madison Avenue and East 84th Street.

Recent photographs show a team of excavators, piling machines, and other equipment beginning to dig below street level and prep the land for the foundations. Steel pilings are being inserted into the ground along the southwestern corner of the parcel. YIMBY expects the superstructure to rise above the sidewalk sometime next spring.

The developer secured the final parcel of the assemblage earlier this year for $22 million, bringing its total investment to $95 million for all five properties since acquisition began in 2019. The purchases include 20,000 square feet of air rights from the abutting 20 East 84th Street, which will give residents protected views of Central Park from the upper levels.

The nearest subways from the development are the 4, 5, and 6 trains at the 86th Street station to the east along Lexington Avenue.

1128 Madison Avenue’s anticipated completion date is slated for December 31, 2026, as noted on site.

 

Credits: New York YIMBY

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