Ninety-Five Madison Co Introduce
In the tapestry of New York City's real estate, some addresses are more than just numbers—they are landmarks with a story. The building at 95 Madison Avenue is one such place, an iconic property with a rich history that has been a part of the city's fabric for over a century. Associated with the entity known as Ninety-Five Madison Co, this property represents a significant piece of New York’s commercial real estate history. While the name “Ninety-Five Madison Co” may not be as widely known as the building it represents, it is a key player in the management and ownership of this historic asset. This article will provide a detailed and factual overview of Ninety-Five Madison Co and the building it is associated with, highlighting its location, history, and the features that make it a compelling part of the New York City real estate landscape.
Ninety-Five Madison Co is the name of the real estate entity associated with the ownership and management of the historic 95 Madison Avenue building, also known as the Emmet Building. This 16-story property, originally designed by architects John Stewart Barney and Stockton B. Colt, has a storied past, having been built in the early 20th century. It has served primarily as an office and retail building, with a unique history that includes a penthouse apartment for its original owner, Dr. Thomas Addis Emmet, a pioneering surgeon. Over the decades, the building has been a key fixture in the NoMad neighborhood, a bustling area that has seen significant transformation.
While the public record shows complex legal and financial matters related to the ownership, including past bankruptcy filings, these events are part of the building’s evolving history and highlight the challenging nature of managing a large, historic asset in a dynamic market like New York. The ongoing efforts to revitalize and redevelop the property, including a plan to convert some parts of it to residential condominiums, demonstrate a continuous effort to maintain its relevance and value. As an entity, Ninety-Five Madison Co is a significant real estate agency in the sense that it is responsible for the overall strategic direction of a major commercial property, from its leasing and management to its future development.
Ninety-Five Madison Co is located at 95 Madison Ave, #1201, New York, NY 10016, USA. This address places it in the vibrant NoMad neighborhood, situated between East 29th and 28th Streets. This area has grown to become one of Manhattan’s most sought-after districts, known for its creative industries, high-end hotels, restaurants, and a mix of historic and modern architecture. The building itself is an integral part of the neighborhood's character.
The accessibility of this location is a major advantage. It is a "Walker's Paradise" with a Walk Score of 100 and a "Rider's Paradise" with a Transit Score of 100. This means the building is conveniently located near numerous subway lines, including the 6, R, and W trains, making it easily accessible from all parts of New York City. The proximity to major transportation hubs like Grand Central Terminal and Penn Station further enhances its connectivity, making it an ideal location for a wide range of businesses and a desirable place to live.
In addition to public transit, the building has a wheelchair accessible entrance, a crucial feature that ensures inclusivity and ease of access for all visitors and tenants. The central location provides a professional and prominent address that is easily recognizable and well-respected. The surrounding area is full of amenities, from cafes and retail shops to Madison Square Park just a few blocks away, making it a highly desirable and convenient place for both work and life.
Based on public data, the primary services and functions of Ninety-Five Madison Co center around the management and strategic development of the 95 Madison Avenue property.
Commercial Property Management: As the entity associated with a large office and retail building, Ninety-Five Madison Co is responsible for the professional management of the property. This includes handling leases, tenant relations, and day-to-day operations to ensure the building functions smoothly and retains its value.
Strategic Real Estate Development: The firm is engaged in strategic planning for the future of the property. This includes major projects like the proposed conversion of the historic office building into luxury residential condominiums, a move that aims to modernize the asset and align it with current market demands. The company has engaged with brokers and secured financing for these endeavors.
Leasing and Tenant Services: While specific details on leasing are not public, a real estate agency like Ninety-Five Madison Co would be involved in attracting and retaining commercial tenants for its office and retail spaces, negotiating lease terms, and providing services to ensure a positive tenant experience.
Real Estate Investment and Financing: As a limited partnership, Ninety-Five Madison Co engages in real estate investment activities, including securing loans and working with financial partners to fund its operations and development projects. This is a critical function for maintaining a large-scale commercial property.
The key features and highlights of Ninety-Five Madison Co and its associated property are significant to its standing in the New York real estate market.
Historic Landmark Status: The building at 95 Madison Avenue is a historic landmark, a distinguishing feature that provides it with a unique character and prestige. Its Gilded Age architecture and history add a layer of authenticity that is highly valued in the competitive NYC market.
Prime NoMad/Flatiron Location: The property's central location is a major asset. It is a highly desirable area for both businesses and residents, with excellent transit access and a vibrant surrounding neighborhood, making it a strong investment and an attractive place to work or live.
Adaptability and Modernization: Despite its age, the building is being actively modernized and redeveloped to meet contemporary needs. The plan to convert parts of it into luxury condominiums shows a forward-thinking approach to real estate and a commitment to preserving the building while enhancing its long-term value.
Wheelchair Accessible: The building's wheelchair accessible entrance is an important feature that demonstrates its inclusivity and adherence to modern accessibility standards, making it a welcoming place for all.
For inquiries or to learn more about the building and the company's projects, you can use the following contact information.
Address: 95 Madison Ave # 1201, New York, NY 10016, USA
Phone: (212) 532-8834
Mobile Phone: +1 212-532-8834
The office is located on the 12th floor, providing a professional setting for communications and business. These contact details offer a direct line to the firm for any business-related inquiries.
Choosing a real estate partner, especially one associated with a large commercial property, involves looking at its history, location, and long-term vision. What makes Ninety-Five Madison Co worth choosing is its role as a steward of a historic and valuable New York City asset. The company's commitment to revitalizing and modernizing the iconic 95 Madison Avenue building shows a strategic and forward-thinking approach to real estate. For businesses or individuals looking to be associated with a landmark property, this building offers a unique blend of historic charm and modern potential.
Furthermore, the prime location in the heart of NoMad and its excellent accessibility are practical advantages that cannot be overstated. While the company has a complex history, the ongoing efforts to transform the building are a clear signal of its dedication to creating a high-value asset for the future. For those interested in a prestigious address with a story to tell, Ninety-Five Madison Co provides an opportunity to be a part of New York City's continuous evolution.
Ninety-Five Madison Co Details
Accessibility
- Wheelchair accessible entrance
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Ninety-Five Madison Co
95 Madison Ave # 1201, New York, NY 10016, USA
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