Madison Jackson units now for sale

TRD New York /
Jul.July 16, 2012 01:00 PM

Condominium units at the Madison Jackson, on the Lower East Side, have hit the market, Curbed reported. The building, located at 371 Madison Street at Jackson Street, previously housed a public school. It has been vacant since the 1980s.

According to Curbed, the base price for a one-bedroom, one-bathroom unit is $496,936; two-bedroom, two-bathroom condos will go for just over $1 million. There are 110 units total in the building, the development of which was spearheaded by Michael Bolla, managing director at Prudential Douglas Elliman, and developer Thomas Sung.

As previously reported, Bolla hoped this development would lure observant Jews to the neighborhood, once home to generations of Jewish immigrants. Madison Jackson units include 24-hour kosher food service, as well as a pool with single-gender swimming hours. But Bolla said the units are open to all purchasers. The building also offers vegetarian organic room service and has an on-site yoga studio. [Curbed]

Related Articles

John Giannone and Jac Credaroli (Credit: iStock)

Two Elliman agents launch platform to provide renters, buyers and sellers up to $50K in unsecured loans

Jacob Sudhoff and Scott Durkin (Credit: Sudhoff Companies, Emily Assiran, iStock)

Douglas Elliman is coming to Texas

Douglas Elliman chairman Howard Lorber (Credit: Getty Images and iStock)

Elliman’s revenue rose 18%, after sales frenzy to avoid New York’s new transfer tax

Amenity insanity in LA luxe condo market

Amenity insanity in LA luxe condo market

Luis D. Ortiz and Ronita Kalra (Credit: Wikipedia, iStock)

Luis D. Ortiz splits with business partner Ronita Kalra

Howard M. Lorber of Vector Group

Vector slashes dividends as Elliman’s net income drops over 80%

Howard Lorber and a rendering of the Bristol

Howard Lorber picks up unit at the Bristol in West Palm Beach

Howard Lorber in Concert

WATCH: Howard Lorber in concert(!)