Now Open

The Benson

A boutique, ground-up condominium on Manhattan's Upper East Side, The Benson brought just 15 classically inspired residences to Madison Avenue — the first new condo development on the famed avenue in more than two decades.

Official Website
2019
Start
2022
Completion
15
Units
21
Floors
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Details

21 floors and 15 residences. Open since 2022. Financed with $120.4M from Bank Hapoalim in July 2019.

The story so far
Announced 2019 est.
Broke ground 2019
Financing secured Jul 2019$120.4M construction financing from Bank Hapoalim for 1039-1045 Madison Ave (The Benson), per The Real Deal
therealdeal.com
Opened 2022
Milestones are dated to when they actually happened and linked to their source. This record fills in over time as TMW tracks the project.
TMW IntelligenceVerified Jul 14, 2026
AnnouncedBreaking GroundConstructionOpening SoonNow Open
TMW Intelligence

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About the project

A boutique, ground-up condominium on Manhattan's Upper East Side, The Benson brought just 15 classically inspired residences to Madison Avenue — the first new condo development on the famed avenue in more than two decades. Rising 21 stories to roughly 210 feet, the building is wrapped in hand-carved, hand-laid Indiana limestone reminiscent of the great historic apartment houses of the neighborhood. Residences span half-floor, full-floor, and duplex layouts in three- to seven-bedroom configurations, several with private outdoor space, and feature signature fireplaces with custom mantels anchoring expansive living rooms. The building has since sold out.

Companies and contacts

Every firm on The Benson, the office nearest it, and the people who work on it.

Common questions

Frequently asked

Where is The Benson located?

The Benson is located in New York City.

Is The Benson open?

The Benson is now open. It was completed in 2022.

Who is developing The Benson?

Naftali Group is the developer behind The Benson.

Who designed The Benson?

The Benson was designed by Peter Pennoyer Architects.

How big is The Benson?

The Benson rises 21 stories with 15 residences.