MadParkNews.com, covering New York City's Madison Square Park & Flatiron

The New York Times wrote up a piece today on the new condo development Two Forty One Fifth (241 5th Avenue between 27th and 28th Street) and all reports are that sales are going quite well. Streeteasy shows 20 units in contract and the building website shows 10 for sale, including a studio ($950k), and one/two/three bedrooms ($1.2mm-3.97mm) averaging $1,955/sq ft . The building is one block north of Madison Square Park, which has seen a surge in neighborhood improvements in the last 10 years and has become one of the most desired neighborhoods to live in in the city.

There will reportedly be 46 units in the 20-story glass tower developed by Victor Homes with architecture by ODA and construction by Triton. Expected completion is by early fall. Amenities include a doorman, a fitness center with a changing area, a treatment room for massage, and a resident’s lounge.

[caption id="attachment_15908" align="aligncenter" width="545"] 241 5th avenue[/caption]

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Public relations and communications firm Hotwire PR has moved their office from 34th Street down to our neighborhood at 16 West 22nd Street (between 5th and 6th Avenue). The company has offices globally and they work in industries including technology, cleantech, media, telecom, and financial services.

Crains reports that online programming school Codeacademy will be moving from the Silicon valley to right here in the neighborhood on 27th Street (exact space not known at this time). The school teaches people to code in 10 weeks, as well as other courses on topics such as PHP, Web Fundamentals, Javascript, Jquery, Python, Ruby and more. You can see their current courses at www.codecademy.com/learn. They will likely hire 70 people for the new office.

They join other programming schools in the neighborhood like the Flatiron School and General Assembly.

[caption id="" align="alignright" width="220"] Photo by Gale via therealdeal.com[/caption]

A new 15-story condo building is slated to go up at 21 West 20th Street (between 5th Avenue and 6th Avenue) in the Flatiron, according to TheRealDeal. The project originally stalled with the economic crisis, but was recently bought by developer Gale International and appears to now again be under construction. With the sale Gale got a ready-to-go foundation plus the air rights and permits required to build the new condo project. The 15 floor project will have 12 units, each with direct elevator access, according to The Real Deal.