Legion Investment Group, led by Victor Sigoura, secured a $195 million construction loan from Deutsche Bank and JVP Management for a luxury condo project at 1122 Madison Avenue on the Upper East Side. The development, in collaboration with Genghis Hadi’s Nahla Capital, will feature 22 condos with Central Park views and span 113,000 square feet. The project includes 20,000 square feet of air rights from a neighboring property to preserve views. The assemblage, worth $95 million, was finalized in January. Architect Hill West will design the building, continuing the trend of high-end condo developments in the area.
Legion Investment Group
