Williams Equities is looking to fetch around $130 million for its office Manhattan property 79 Madison Avenue, which could be used as a conversion into luxury condos, according to a report from the Commercial Observer.

The 17-story asset lies in the NoMad area at the corner of 28th Street. Currently, Eastdil Secured is marketing the property as a luxury condo conversion. If everything does go through as planned, it would mark the first of such transformations in the neighborhood.

While no specific buyers were listed, discussions are centered around a $130 million price point, according to CO.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM Digital Member, you’ll receive:

  • Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
NOT FOR REPRINT

© 2025 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.