Legion Investment Group and Nahla Capital begin construction of 26 condo development

Manhattan, NY According to Legion Investment Group and Nahla Capital, vertical construction is underway at 1122 Madison Ave., a new condominium development that will introduce 26 residences to the Upper East Side. Designed inside and out by Studio Sofield, the residential building is one block from Central Park, The Metropolitan Museum of Art, and near other cultural institutions.

The 22-story building began excavation in November 2024 and has started to rise at the corner of Madison Ave. and 84^th St. The Studio Sofield-designed condominium is a reinterpretation of classic prewar architecture, featuring an Indiana limestone façade with sculpted reliefs, signature rope-trimmed window surrounds, and custom decorative railings. The 26 homes are designed with large floor plans, and select residences include terraces, balconies, and views of Central Park.

“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.”

“William Sofield and his team have crafted a condominium that both honors the architectural legacy of the Upper East Side and introduces something truly distinctive. With vertical construction now underway, we look forward to seeing Studio Sofield’s vision come to life at this iconic landmark location,” said Genghis Hadi, managing principal and co-founder at Nahla Capital.

Sales are expected to launch this fall, exclusively led by Corcoran Sunshine Marketing Group and The Cathy Franklin Team at The Corcoran Group. The building is slated for completion in mid-2027.