Good news dashed at One Madison Park

One Madison Park

Despite recent rumors that One Madison Park was cleaning up with a $10 million single-unit payday for apartment 42A — a sale that would have come out to more than $3,000 per square foot — a city filing has come to burst that bubble. The scandal-plagued development at 23 East 22nd Street saw 42A go for just $6.31 million, Curbed said, citing city records, showing a less impressive $1,900 per square foot sales figure. The development, no stranger to controversy, has had a rocky sales record, with Brown Harris Stevens agents Wendy Maitland and Wilbur Gonzalez being replaced late last year by Prudential Douglas Elliman agent Tamir Shemesh. Later, the developers at One Madison Park became the target of lawsuits from several high-profile investors, including former Yankees chairman Harvey Schiller and Maitland, alleging that they had failed to pay back numerous loans and deposits.