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New York

Madison Square Park entices luxury penthouses

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The old New York Giftware Building off Madison Square Park is getting a makeover. It will be redeveloped as a luxury condo with $4.8 million penthouses with views of the park. Being done by the same developers as the Plaza Hotel, the new Grand Madison, at 225 Fifth Avenue, will have, among other amenities, wiring for digital V. And did we mention views of the park? more [Post]