Press

PINTO has breathed fresh air into The Wales

Η PINTO έδωσε αέρα ανανέωσης στο The Wales Η PINTO έδωσε τη δική της σχεδιαστική ματιά στους εσωτερικούς χώρους του The Wales, μεταμορφώνοντάς στο σε ένα υπερπολυτελές και σύγχρονο ξενοδοχείο. Το μεσιτικό γραφείο της Adellco ανακοίνωσε την ολοκλήρωση της ανακατασκευής του The Wales,.με το παριζιάνικο brand PINTO να έχει αναλάβει το έργο του εσωτερικού σχεδιασμού του ξενοδοχείου. Παλαιότερα γνωστό ως Hotel Wales, το ξενοδοχείο είναι ένα […]

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PINTO has breathed fresh air into The Wales
1901 HOTEL CHASTAIGNERY

The former Hotel Wales—a turn-of-the-century landmark on the corner of Manhattan’s East 92nd Street and Madison Avenue in Carnegie Hill—was designed by architect Louis Korn and initially opened in 1901 as the 92-room Hotel Chastaignery. After four name changes, which included Hotel Bibo, Hotel Bon Ray, and the Carnegie Hill Hotel, the building finally became […]

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1901 HOTEL CHASTAIGNERY
As closings commence at The Wales, see model unit at classic Upper East Side condo conversion

The Wales has attracted considerable attention for its prewar facade, exquisite interiors designed by PINTO, and prime Upper East Side address. When sales launched in early 2022, the building recorded over $35 million in contracts in the span of two months. More recently, closings have commenced with a three-bedroom and a four-bedroom unit, both of […]

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As closings commence at The Wales, see model unit at classic Upper East Side condo conversion
Construction Tour: The Wales at 1295 Madison Avenue

Construction scaffolding has come down at the renovation of the Wales, a 10-story landmarked Neo-Renaissance building on the Upper East Side. Originally built in 1899 by architect Louis Korn, the former hotel is now being converted into condo residences by developer Adellco with interiors by Cabinet Alberto Pinto. Along with restoring the cornices, quoins, and […]

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Construction Tour: The Wales at 1295 Madison Avenue
In Manhattan’s Sluggish Home Market, Cash Is Greasing the Wheels

More Manhattan homebuyers are paying cash than at any point in recent history, to take advantage of deals to be had in a sagging sales market. Nearly six in 10 purchases in the first quarter were completed without financing, from a $700,000 Hell’s Kitchen studio that a mother bought for her daughter, to a 2,900-square-foot […]

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In Manhattan’s Sluggish Home Market, Cash Is Greasing the Wheels
Buyers Skip Mortgages at New Uptown Luxury Condo in Sign of the Times

Elevated interest rates may be scuttling some apartment deals. But the experience of a new condo on the Upper East Side suggests that not every buyer is being sidelined. At the Wales, at 1295 Madison Ave., every apartment that has sold so far, or 10 of 20, has been a cash deal, in that buyers […]

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Buyers Skip Mortgages at New Uptown Luxury Condo in Sign of the Times
Cash Is King for High-End Condo Buyers

Today’s higher interest rates are designed to put a damper on inflation. They’ve also put a damper on the sale of co-op and condo apartments in New York and other cities. But for some deep-pocketed buyers, there’s a workaround: avoid a mortgage and its high interest payments by buying apartments with cash. A poster child for this growing trend, according to Crain’s, is the Wales, […]

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Cash Is King for High-End Condo Buyers
Beyond Iconic, The Full Floor Penthouse at the Former Historic Wales Hotel

The full-floor 4,179 SF Penthouse at the former historic Wales Hotel came to market is spectacular, with five bedrooms, five full baths, and two striking powder rooms. You step into NYC history with serious Parisian flair as you enter the gorgeous lobby of this just-launched hotel-to-condo conversion. The lobby features coffered ceilings, a custom walnut […]

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Beyond Iconic, The Full Floor Penthouse at the Former Historic Wales Hotel
2023 NYC Real Estate Forecast: Buyers Make a Move, Sellers Return, Renters Get Some Breathing Room

New York City’s real estate market slowed dramatically in 2022 after booming in the second half of 2021, but that didn’t mean buyers or renters caught much of a break last year. Prices and rents remained frozen near record highs despite a plunge in demand. Whether the U.S. slips into a recession is still a major question […]

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2023 NYC Real Estate Forecast: Buyers Make a Move, Sellers Return, Renters Get Some Breathing Room
Ultra-Luxury Clients Value Refinement, Says Pinto General Director

Those who live in palaces and travel by yachts don’t shy away from colorful collections, textures and layers in interior design. When we think of royal palaces and otherwise opulent interiors, maximalism comes to mind. Pietro Scaglione is a champion of the design ethos. As the artistic director of the Paris-based design company Pinto he […]

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Ultra-Luxury Clients Value Refinement, Says Pinto General Director