Historic Hotel The Wales Converted to Condos

The more things change, the more they stay the same.

An old landmark hotel in the conservative and co-op-coated Carnegie Hill section of the Upper East Side is set to become (gasp!) condos.

But never fear, the building is attracting the same old well-heeled characters it always did.

Dating back to 1899 and located at 1295 Madison Ave. at 92nd Street, The Wales never had the elan of, say, the Carlyle or the Mark hotels. But, for more than a century, it quietly attracted and housed artists, the pre-Met Gala crowd, well-to-do Europeans and South Americans and, most of all, locals who sparkled over dinners at the hotel’s restaurant, Sarabeth’s.