One Madison Park | The Real Deal New York

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One Madison Park

23 East 22nd Street
New York, NY 10010
Sales, New Construction, Leasing/Rental
One Madison Park
One Madison Park is a luxury residential condo tower at 23 East 22nd Street and the foot of Madison Avenue. The 60-story tower was originally best-known for the troubled route it took to completion. It is now best-known for the celebrities who have bought into it. First started in 2006 by a pair of novice developers from New Jersey hoping to cash in on the real estate boom, the tower became mired in lawsuits and financing troubles. It slid into bankruptcy in spring 2010, and condo sales stopped; the tower loomed as a symbol of the real estate crash. A consortium of creditors, including the Related Companies, CIM Group and HFZ Capital Group, took control of the tower, finished it, and repositioned it marketing-wise. Celebrities such as NFL quarterback Tom Brady and supermodel wife Gisele Bundchen have since bought condos there. Median magnate Rupert Murdoch bought One Madison Parks top four floors in early 2014 for $57.25 million.
  • Address 23 East 22nd Street
  • neighborhood Flatiron
  • borough Manhattan
  • owner/developer Related Companies
  • owner entity MADISON R/A SUB, LLC
  • architect Cetra/Ruddy
  • sales/marketing Related Residential Sales
  • PLANS DISCLOSED 09/14/2006
  • FILE DOB PLANS 01/02/2014
  • LIST/LAUNCH SALES 04/24/2007
  • minimum price $ 1,200,000
  • maximum price $ 15,200,000
  • minimum ppf $ 1,120
  • maximum ppf $ 2,120
  • Year Built 2015
  • file ag plans 09/14/2006
  • residential units 95
  • documents click here
252 feature
10/12/15
So you dropped half a million on a condo on the 30th floor, but you can’t use your cell phone. It’s a sacrifice many buyers aren’t...
361 Central Park West
05/08/15
A community board has rejected plans to convert a landmarked Upper West Side church into a condo building, though the city’s Board of Standards and...
361 Central Park West
04/17/15
A community board panel agreed to an exemption for a Manhattan developer’s plans to covert a landmarked Upper West Side church into a condominium, bringing the...
361-CPW_FB
08/19/14
UPDATED: A landmark Upper West Side church acquired in June by the sister of developer Ira Shapiro was immediately flipped to Brooklyn investor Joseph Brunner...
ira-shapiro
08/12/14
A landmark Upper West Side church, slated for a luxury condominium project backed by former One Madison Park developer Ira Shapiro, was purchased by his...
featimgres-4
08/02/14
 Ira Shapiro, the developer who became the poster boy for boom and bust, is back in the game. Tags: ira shapiro ...
Rupert_Murdoch_-_WEF_Davos_2007
07/13/14
 Media mogul Rupert Murdoch has officially expanded his One Madison penthouse compound. Murdoch has now closed on the 57th floor, adding it to his existing...
david-lipman-FB
06/23/14
UPDATED, 11:12 a.m., June 23: David Lipman, who spearheaded the branding campaign for One Madison Park and worked with Extell Development’s One57, is joining Town Residential...
l-and-l
03/07/14
L&L Holding Company has teamed up with Prudential to buy one of the few Hudson Yards-area properties that Related Companies is selling. The partnership is...
one-madison-FB
02/20/14
Media titan Rupert Murdoch is in contract to buy residential condominium One Madison’s top four floors for $57.25 million. Tags: One Madison Park ...
511-541 West 25th Street
02/19/14
The Related Companies is switching gears, opting to sell a Far West Side property. The company had been snapping up properties and building new buildings...
From left: Peter Buffett, the apartment at One Madison and Warren Buffett
11/04/13
An apartment at the Related Companies’ One Madison that once belonged to Warren Buffett’s son has hit the market asking $5.95 million. Tags: flatiron district,...
From left: Tom Brady, Gisele Bundchen and One Madison Park
10/25/13
Supermodel Gisele Bundchen and her New England Patriots quarterback hubby Tom Brady have bought a $14 million nest in the Related Companies and HFZ Capital’s...
141 Fifth Avenue and Julie Henderson
10/16/13
Swimsuit model Julie Henderson has just splashed out $3.3 million on a Flatiron apartment at 141 Fifth Avenue. The landmarked 12-story building at East 21st...
Vera Wang and the One Madison Park triplex penthouse
10/03/13
Business must be booming for Vera Wang. The fashion mogul recently toured the $50 million triplex penthouse at Related Companies’ and HFZ Capital Group’s One...
Ziel Feldman and Waldwick Splash Park
10/02/13
Ziel Feldman’s HFZ Capital Group has paid just under $22 million for a sports complex in the upscale New Jersey town of Waldwick. The 146,661-square-foot...
The penthouse at 10 Madison Square West (Credit: VUW Studios) and Donna Olshan (inset)
10/01/13
The Manhattan luxury market is having a rollicking year, with $8 billion in residential deals going into contract for $4 million or more – eclipsing...
eklund-fb
09/26/13
High-kicking “Million Dollar Listing New York” star Fredrik Eklund has snapped up a large two-bedroom apartment at the new condominium conversion by the Witkoff Group...
10 Madison Square West, Kate Upton, and One Madison Park
09/26/13
Love may soon bring supermodel Kate Upton to Manhattan. The 21-year-old beauty currently calls Florida home, but has been spotted hunting for apartments in the...
One Madison Park
09/24/13
One Madison Park Karl Fischer-designed six-story building coming to Greenpoint’s Leonard Street. Floor plans for the $8K per-square-foot triplex penthouse at Related’s One Madison Park:...
PH-FB
09/23/13
Walker Tower’s largest and most expensive penthouse unit hit the market today with an asking price of $55 million, The Real Deal learned exclusively. Tags:...
one-mad
09/13/13
Related’s One Madison Park is on the market at last and prices at the redeveloped glass tower start at nearly $2 million and soar to...
halcyon
08/30/13
Developers HFZ Capital Group and CIM Group are offering a peek inside the 32-story, 123-unit Midtown East condominium tower known as Halcyon. Tags: cim group,...
marquand-10east
08/27/13
The priciest condominium at HFZ Capital’s the Marquand hit the market yesterday for $22 million. Tags: beyer blinder belle, Douglas Elliman, hfz capital ...
From left: 157 West 57th Street, 56 Leonard Street, 10 Madison Square and 212 West 18th Street
08/23/13
If every apartment at 432 Park Avenue sells for the asking price, Harry Macklowe would gross a cool $2.9 billion — enough to buy 8.6 million...
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