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Vertical Construction Launches on Upper East Side Condos

Legion Investment Group and Nahla Capital said Thursday that vertical construction is underway at 1122 Madison Ave., a new condominium development on Manhattan’s Upper East Side. Designed by Studio Sofield, the 22-story residential building rises a block from Central Park and The Metropolitan Museum of Art, and near the many other renowned cultural institutions that line Museum Mile. 

“The start of superstructure at 1122 Madison Ave. is an important milestone for Legion Investment Group,” said Victor Sigoura, founder and CEO. “With each slab pour, we come closer to revealing the project’s full architectural form and introducing a distinguished new landmark on the Upper East Side.”

Sales are expected to launch this fall, led by Corcoran Sunshine Marketing Group and The Cathy Franklin Team at The Corcoran Group. The project’s 26 residences will begin at $10 million, and the building is slated for completion in mid-2027.

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Legion Investment GroupNahla Capital

About Paul Bubny

Paul Bubny serves as Senior Content Director for Connect Commercial Real Estate, a role to which he brings 16-plus years’ experience covering the commercial real estate industry and 30-plus years in business-to-business journalism. In this capacity, he oversees daily operations while also reporting on both local/regional markets and national trends, covering individual transactions across all property types, as well as delving into broader subject matter. He produces 7-10 daily news stories per day and works with the Connect team and clients to develop longer-form content, ranging from Q&As to thought-leadership pieces. Prior to joining Connect, Paul was Managing Editor for both Real Estate Forum and GlobeSt.com at American Lawyer Media, where he oversaw operations at both publications while also producing daily news and feature-length articles. His tenure in B2B publishing stretches back into the print era, and he has served as Editor in Chief on four national trade publications. Since 1999, Paul has volunteered as the newsletter editor of passenger rail advocacy groups (one national, one local).

  • ◦Development