Adellco, a real estate owner, developer, and manager with over 25 years of experience in New York City real estate, has announced the commencement of closings at The Wales, a neo-Renaissance condominium building located at 1295 Madison Avenue. The building, which was formerly the Hotel Wales, dates back to the turn of the century and features 21 luxurious two- to four-bedroom residences priced from $3.585 million and an extraordinary, newly-constructed five-bedroom Penthouse asking $23 million. The interiors have been exquisitely reimagined by globally-celebrated design studio PINTO, blending an old-world aesthetic with modern touches and enduring quality.

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