1 Madison Avenue | The Real Deal New York

The Real Deal New York

trd topics
X


NAME


EMAIL


SUGGESTED
UPDATE


[wpgdprc "By using this form you agree with the storage and handling of your data by this website."]

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

1 Madison Avenue

1 Madison Avenue
New York, NY 10010
212-216-1612
Retail, Leasing/Rental

This property is a new development. The developer(s) filed plans in April of 2013 to build a 1,041,173-square-foot building at 1 Madison Avenue in the Flatiron District neighborhood of Manhattan. The plans call for an occupancy classification of B - BUSINESS. The building is owned by Marriott International. The building is under construction.

  • Address 1 Madison Avenue
  • neighborhood Flatiron District
  • borough Manhattan
  • owner Marriott International
  • developer MARRIOTT INTERNATIONAL
  • owner entity SL GREEN REALTY CORP
  • architect Angelo Francis Corva And Assoc.
  • PLANS DISCLOSED 04/16/2013
  • dob permit issued 12/30/2014
  • DOB FILE PLANS 04/16/2013
  • DOB FILE Link
  • height in feet 150
  • floors 14
  • total units 1
  • square feet 1,041,173
  • const. status UNDER CONSTRUCTION
  • block and lot 1-00853-0002
  • BIN 1088749

03/06/19
Look what they’ve got their Hanes on now. HanesBrands, the parent company of notable clothing brands such as Hanes, Champion, and Playtex, is consolidating its...

03/04/19
Gyms (and athletic wear retailers) once again dominated the retail leasing scene last month in New York City, securing four of the top 10 biggest...

02/21/19
It started as a lease expansion. But Google — in its quest for dominion over Chelsea and the Meatpacking District — wanted more. The technology...

02/14/19
Luxury retailer Hermès of Paris is planning a new flagship location at Friedland Properties’ 706 Madison Avenue. The company has signed a lease and will...

02/12/19
A new 20-story mixed-use building is headed to East Harlem, which already has a handful of major projects underway following the neighborhood’s rezoning. The project,...

01/19/19
Ferit Şahenk, once Turkey’s richest man and owner of restaurants in New York and Miami, is in talks to sell some of Europe’s most famous...

01/15/19
Piecing together a sizable parcel of Manhattan land is a time-consuming and hairy process. And in today’s tanking investment sales market, many are just avoiding...

12/14/18
...the building. Yext currently has office space at 1 Madison Avenue. — Kathryn Brenzel...

10/10/18
Deutsche Bank has had a rough run. Most recently, its been under the microscope for its relationship with President Donald Trump. But in 2018’s first half, its credit...

Deutsche Bank has had a rough run. Most recently, its been under the microscope for its relationship with President Donald Trump. But in 2018’s first half, its credit...

09/12/18
UPDATED: Thursday, Sep. 13, 12:30 p.m.: If you could make $194 million disappear from your taxes, that’d be pretty cool right? That’s what the Internal...

09/10/18
Last June, Alex Sapir’s ASRR Capital announced plans to build a 1.7 million-square-foot mixed-use development in Miami’s Arts & Entertainment District, in what would be...

08/06/18
July’s top 10 retail leasing deals totaled less than half of June’s in terms of square footage. The 10 biggest retail lease deals signed last...

08/03/18
When two flexible office companies sign leases in the same building, things can get messy. Jay Suites plans to file an injunction to block its...

08/01/18
Piecing together a sizable parcel of Manhattan land is a time-consuming and hairy process. And in today’s tanking investment sales market, many are just avoiding...

07/30/18
Knotel signed a management agreement for just over 45,000 square feet at the Sapir Organization’s 261 Madison Avenue, the company announced Monday. The flexible office...

07/05/18
Manhattan only had one project among the top 10 largest filed last month, but it was the biggest by an extremely wide margin. Jonathan Rose...

07/03/18
Private equity firm GoldPoint Partners is taking nearly 30,000 square feet of space at Fisher Brothers’ 299 Park Avenue. The company is leaving its digs...

06/06/18
Jonathan Rose Companies and L+M Development Partners are planning a 384-unit mixed-use building in East Harlem, part of their even larger Sendero Verde complex. The building will be...

05/11/18
In its first new project after an acquisitions lull, Miki Naftali’s Naftali Group has filed plans for an 18-story condominium building along Madison Avenue on...

04/30/18
Stephen Green, who founded the predecessor to SL Green Realty and saw the company go from an owner-operator of Class B buildings to New York’s...

04/12/18
In 2016, Pfizer embarked on a daunting task: a search for both the buyer of its longtime two-building headquarters on East 42nd Street and for...

03/05/18
From the March issue: It started as a lease expansion. But Google — in its quest for dominion over Chelsea and the Meatpacking District — wanted...

It started as a lease expansion. But Google — in its quest for dominion over ...

02/19/18
The Naftali Group has purchased the third and penultimate building in its planned assemblage on the Upper East Side for roughly $26 million, according to...
  • Event Sales
  • Building Name New York Edition Hotel
  • Address 5 Madison Avenue
  • Neighborhood Flatiron
  • Borough Manhattan
  • Price $ 337,000,000
  • Event Sales
  • Address 5 Madison Avenue
  • Neighborhood Flatiron
  • Borough Manhattan
  • Square feet 267,000
  • Price $ 150,000,000
  • Price per foot $ 561.80
  • Publication Date 10/01/2008
  • Event Date 08/22/2008
  • Party 1 Africa Israel USA
  • Party 2 Far East investment fund
notes
A 49.9 percent interest in the Clock Tower portion of the property sold for $150 million. The sale will help finance the planned conversion of the building into luxury apartments. Africa Israel paid $200 million for the building last year.
  • Event Sales
  • Building Name Five Madison Avenue
  • Address 5 Madison Avenue
  • Neighborhood Flatiron
  • Borough Manhattan
  • Square feet 267,000
  • Price $ 200,000,000
  • Price per foot $ 749.06
notes
The landmark Clock Tower sold to Lev Leviev's international holding and investment company for $200 million, or $750 per square foot. SL Green had acquired the building in 2005.

The total amount of available ground-floor retail space along Madison Avenue has been growing in recent months, insiders said. “There are a lot of vacancies...

With Upper Fifth Avenue snatching back from Hong Kong’s Causeway Bay the title as the world’s most expensive retail district, aggressive bets made in Manhattan...

This year may not be over yet, but the real estate records are already piling up. The year kicked off with city office asking rents...

Local lenders New York Community Bank and Signature Bank finished near the head of the pack in the New York City commercial mortgage market last...

n a weird twist, Hurricane Sandy made no measurable impact on November’s office leasing numbers. That’s despite the storm rendering nearly 20 million square feet...

Town Residential founder Andrew Heiberger (left) and Core founder Shaun Osher (right) Manhattan’s residential brokerage heavyweights are seeing the benefits of a recovering market, it seems....

After a strong first half of the year, Manhattan leasing activity declined in the third quarter. But despite the slowdown, which stemmed from a dearth...

The Manhattan office leasing market tightened last month even as the unpredictable stock market and stalled national economy unsettled landlords and tenants alike. Landlords, who...

The stories of two of Larry Silverstein’s World Trade Center towers -- one long completed, and one still under construction -- told two sides of...

Click the chart for more Quirkily named Internet startups were dominant in last month's Super Bowl advertising. Initial public offerings for these companies have recently been...

(Source: CB Richard Ellis) Last month brought some high-profile lease signings in Manhattan -- including by the Weinstein Company, headed by movie mogul brothers Harvey and...

Whether encouraged by declining asking rents or spurred by pent-up demand, brokers said office tenants finished out the extremely difficult year of 2009 with a...