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

Entries for the ‘Real Estate’ Category

Icon Realty buys 133 West 25th Street office building

The Real Deal reports that Icon Realty has bought a 9-story office building from Dezer Properties at 133 West 25th Street (between 6th and 7th Avenue) just west of Madison Square Park. The sale price was reportedly $33 million for the 45,499-square-foot building, putting it at about $725 per foot. Icon also bought 30 East […]

Open House Alert: Amazing duplex penthouse in the heart of the Flatiron on 22nd Street

hilaptJust listed by owner! This Sunday, May 8 from 2:30pm-4:30pm, there is an open house for an amazing duplex penthouse loft right here in the heart of the Flatiron at 21 East 22nd Street (between Broadway and Park Avenue South).

Penthouse J has floor to ceiling windows, great light and views, high ceilings, open kitchen with high-end appliances, washer/dryer, full-time doorman and two outdoor terraces! It is currently configured as a 2 bedroom but there are architectural plans for addition of third bedroom, according to the listing (

Check out the photos at and stop by the open house on Sunday.

hilroom hilterrace


New condo development 21W20 in the Flatiron nears occupancy opening

We first reported on it in 2013, and now we get word that the new condo development 21W20 at 21 West 20th Street in the Flatiron will be open for occupancy by end of year. All units are claimed except for 2 stunning penthouse units in the 15 floor building. Each unit is a full […]

New 18-story condo building planned for 122 East 23rd Street

The Real Deal reports that Toll Brothers will build an 18-story condo building at 122 East 23rd Street just east of Madison Square Park (and near Gramercy Park). The new building will feature 133 condo units, a 93 car garage, a pool, an exercise room, a rooftop terrace and a a lounge area.

The current 4-story building will be demolished to make room for the new development. There is no word yet on an expected completion date.

122 East 23rd Street

Madison Square Park’s 11 Madison Avenue office building to sell for $2.6 Billion

In one of the top office building sales of all time, 11 Madison Avenue on the east side of Madison Square Park will reportedly be sold to SL Green Realty Corp by Sapir Organization and CIM Group for approximately $2.3 Billion and an agreement to invest $300 million in the building for improvements. The deal is reportedly the second largest in US history, which is shocking considering it is only 29 stories tall.

Bloomberg is reporting that SL Green Realty Corp. will have an additional “200,000 square feet of development rights associated with nearby 1 Madison” Avenue, which they also own.

The building was finished in the 1920’s but originally was going to be the largest building at the world at the time, but they ran out of money. This is why the building appears to be chopped off at the top.

Current tenants of the office building include Credit Suisse’s US headquarters, Sony’s US headquarters, Yelp Inc and William Morris Endeavor.


[caption id="attachment_14904" align="aligncenter" width="318"]11 Madison Avenue 11 Madison Avenue[/caption]

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