One Madison Park | The Real Deal New York

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One Madison Park

23 East 22nd Street
New York, NY 10010
(212) 801-1000
Retail, Residential, Sales, New Construction, Leasing/Rental, Condo (Building), Multifamily

One Madison Park is a luxury residential condo tower at 23 East 22nd Street, at 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.

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 CompaniesCIM 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 his supermodel wife, Gisele Bundchen, have since bought condos there. Media magnate Rupert Murdoch bought One Madison Park's top four floors in early 2014 for $57.25 million.

  • Address 23 East 22nd Street
  • neighborhood Flatiron
  • borough Manhattan
  • owner HFZ Capital Group
  • developer HFZ Capital Group
  • owner entity MADISON R/A SUB, LLC
  • architect CETRA/CRI ARCHITECTURE PLLC
  • sales/marketing Related Residential Sales
  • PLANS DISCLOSED 01/01/1900
  • dob permit issued 12/01/2006
  • tco issued 07/24/2009
  • DOB FILE PLANS 05/24/2006
  • DOB FILE Link
  • LIST/LAUNCH SALES 04/24/2007
  • height in feet 604
  • floors 51
  • minimum price $ 1,200,000
  • maximum price $ 15,200,000
  • AG Initial Price $ 357,634,000
  • minimum ppf $ 1,120
  • maximum ppf $ 2,120
  • Year Built 2009
  • ag file plans 09/14/2006
  • AG FILE Link
  • residential units 63
  • square feet 170,653
  • const. status Condo Complete
  • block and lot 1-00851-7505
  • BIN 1087769
  • documents click here
Condominium Units+

02/07/17
...provided by StreetEasy.  The biggest reduction was at One Madison Park , where a two-floor condominium had its asking price slashed by a whopping $5.5 million, or...

04/14/16
...in the city. His design for Slazer Enterprise's One Madison Park — a residential tower that fit between its neighbors like a Tetris piece — was eventually...

02/29/16
...million in 2014. Irene Shapiro, the sister of former One Madison Park developer Ira Shapiro, purchased the church for $26 million in the summer of 2014 before flipping...

12/16/15
...From left: Stephen Ross Justin Metz and One Madison Park in the Flatiron District Stephen Ross’ Related Companies raised a cool $1 billion for a...

10/12/15
...The developer also included the systems in its One Madison Park, Abington House, MiMA and 1214 5th Avenue. Macklowe Properties also included the system in 432 Park...

05/08/15
...spokesman said. Irene Shaprio, the sister of former One Madison Park developer Ira Shaprio, purchased the church for $26 million last summer before flipping it to...

04/17/15
...community board. Irene Shapiro, the sister of former One Madison Park developer Ira Shapiro, purchased the church for $26 million last summer, as reported by The...

08/19/14
...sources. Irene Shapiro, the sister of the former One Madison Park developer, is listed as the previous buyer of the Crenshaw Christian Center East at...

08/12/14
...for a luxury condominium project backed by former One Madison Park developer Ira Shapiro, was purchased by his sister, The Real Deal has learned. The...

08/02/14
...hundreds of millions of dollars in loans on One Madison Park, before vanishing from the real estate scene. But now he is working as a...

07/13/14
...From left: Rupert Murdoch and the penthouse at One Madison Park  Media mogul Rupert Murdoch has officially expanded his One Madison penthouse compound. Murdoch has...

06/23/14
...David Lipman, who spearheaded the branding campaign for One Madison Park and worked with Extell Development’s One57, is joining Town Residential as chief creative...

03/07/14
...The firm also picked up 225 Rector Street and One Madison Park, both in default at the time, with the funds, as previously reported. -- Mark...

02/20/14
...From left: Rupert Murdoch and the penthouse at One Madison Park Media titan Rupert Murdoch is in contract to buy residential condominium One Madison's top...

02/19/14
...The firm also picked up 225 Rector Street and One Madison Park, both in default at the time, with the funds, according to a report from...

11/04/13
...Capital Group announced that the stalled project (formerly One Madison Park) was being resurrected. But at the time, Buffett didn’t have much competition, as...

10/25/13
...From left: Tom Brady, Gisele Bundchen and One Madison Park Supermodel Gisele Bundchen and her New England Patriots quarterback hubby Tom Brady have bought...

10/16/13
...out apartments in the area, including Related Companies' One Madison Park. – Hiten Samtani...

10/03/13
...Vera Wang and the One Madison Park triplex penthouse Business must be booming for Vera Wang. The fashion mogul recently toured...

10/01/13
...at Related Companies' and HFZ Capital Group’s One Madison Park, there have been five apartment sales adding up to $50 million in the last 10 days...

09/26/13
...the Whitman condominium at 21 East 26th Street and One Madison Park. Eklund was particularly attracted to the unit's large walk-in dressing room area, he said...

09/26/13
...From left: 10 Madison Square West, Kate Upton and One Madison Park Love may soon bring supermodel Kate Upton to Manhattan. The 21-year-old beauty currently calls...

09/24/13
...One Madison Park 1. Karl Fischer-designed six-story building coming to Greenpoint’s Leonard Street 2. Floor plans for the...

09/23/13
...Tribeca development, asking $31 million and the triplex at One Madison Park, the long-stalled tower which hit the market for a second time last week, nearing...

09/13/13
...Michele Kleier and One Madison Park rendering Related's One Madison Park is on the market at last and prices at the redeveloped glass tower start...
  • Event Retail Leasing
  • Address 20 East 23rd Street
  • Neighborhood Flatiron
  • Borough Manhattan
  • Square feet 357
  • Publication Date 05/01/2016
  • Event Date 03/17/2016
  • Party 1 Rockfeld Group
  • Party 2 Gasoline Alley Coffee
  • Party 2 Brokerage Winick Realty Group
  • Party 2 Broker Matthew Schuss
notes
The café signed a lease.
  • Event Residential Sales
  • Building Name One Madison
  • Address 23 East 22nd Street
  • Unit 24A
  • Neighborhood Flatiron
  • Borough Manhattan
  • Square feet 2,723
  • Price $ 10,250,000
  • Price per foot $ 3,764.23
  • Event Residential Sales
  • Building Name One Madison
  • Address 23 East 22nd Street
  • Unit ST2
  • Neighborhood Flatiron
  • Borough Manhattan
  • Square feet 2,081
  • Price $ 11,000,000
  • Price per foot $ 5,285.92
  • Event Residential Sales
  • Building Name One Madison
  • Address 23 East 22nd Street
  • Unit 7B
  • Neighborhood Flatiron
  • Borough Manhattan
  • Square feet 805
  • Price $ 1,605,017
  • Price per foot $ 1,993.81
  • Event Residential Sales
  • Building Name One Madison
  • Address 23 East 22nd Street
  • Unit 7A
  • Neighborhood Flatiron
  • Borough Manhattan
  • Square feet 1,243
  • Price $ 2,000,000
  • Price per foot $ 1,609.01
  • Event Residential Sales
  • Building Name One Madison
  • Address 23 East 22nd Street
  • Unit 29B
  • Neighborhood Flatiron
  • Borough Manhattan
  • Square feet 1,560
  • Price $ 2,443,800
  • Price per foot $ 1,566.54
  • Event Residential Sales
  • Building Name One Madison
  • Address 23 East 22nd Street
  • Unit 14B
  • Neighborhood Flatiron
  • Borough Manhattan
  • Square feet 1,560
  • Price $ 3,207,488
  • Price per foot $ 2,056.08
  • Event Residential Sales
  • Building Name One Madison
  • Address 23 East 22nd Street
  • Unit 14A
  • Neighborhood Flatiron
  • Borough Manhattan
  • Square feet 1,328
  • Price $ 2,851,100
  • Price per foot $ 2,146.91
  • Event Residential Sales
  • Building Name One Madison
  • Address 23 East 22nd Street
  • Unit 22A
  • Neighborhood Flatiron
  • Borough Manhattan
  • Square feet 930
  • Price $ 10,182,500
  • Price per foot $ 10,948.92
  • Event Residential Sales
  • Building Name One Madison
  • Address 23 East 22nd Street
  • Unit 36A
  • Neighborhood Flatiron
  • Borough Manhattan
  • Square feet 930
  • Price $ 2,138,325
  • Price per foot $ 2,299.27
  • Event Residential Sales
  • Building Name One Madison
  • Address 23 East 22nd Street
  • Unit 36B
  • Neighborhood Flatiron
  • Borough Manhattan
  • Square feet 1,962
  • Price $ 6,109,500
  • Price per foot $ 3,113.91
  • Event Residential Sales
  • Building Name One Madison
  • Address 23 East 22nd Street
  • Unit 9B
  • Neighborhood Flatiron
  • Borough Manhattan
  • Square feet 1,560
  • Price $ 3,309,313
  • Price per foot $ 2,121.35
  • Event Residential Sales
  • Building Name One Madison
  • Address 23 East 22nd Street
  • Unit 15A
  • Neighborhood Flatiron
  • Borough Manhattan
  • Square feet 3,310
  • Price $ 9,350,000
  • Price per foot $ 2,824.77
  • Event Residential Sales
  • Building Name One Madison
  • Address 23 East 22nd Street
  • Unit 46A
  • Neighborhood Flatiron
  • Borough Manhattan
  • Square feet 930
  • Price $ 13,237,250
  • Price per foot $ 14,233.60
  • Event Residential Sales
  • Building Name One Madison
  • Address 23 East 22nd Street
  • Unit 7D
  • Neighborhood Flatiron
  • Borough Manhattan
  • Square feet 1,665
  • Price $ 2,545,625
  • Price per foot $ 1,528.90
  • Event Residential Sales
  • Building Name One Madison
  • Address 23 East 22nd Street
  • Unit 29A
  • Neighborhood Flatiron
  • Borough Manhattan
  • Square feet 810
  • Price $ 1,883,763
  • Price per foot $ 2,325.63
  • Event Residential Sales
  • Building Name One Madison
  • Address 23 East 22nd Street
  • Unit 50A
  • Neighborhood Flatiron
  • Borough Manhattan
  • Square feet 2,723
  • Price $ 13,000,000
  • Price per foot $ 4,774.15
  • Event Residential Sales
  • Building Name One Madison
  • Address 23 East 22nd Street
  • Unit 47A
  • Neighborhood Flatiron
  • Borough Manhattan
  • Square feet 930
  • Price $ 13,370,906
  • Price per foot $ 14,377.32
  • Event Residential Sales
  • Building Name One Madison
  • Address 23 East 22nd Street
  • Unit 19A
  • Neighborhood Flatiron
  • Borough Manhattan
  • Square feet 3,310
  • Price $ 6,516,800
  • Price per foot $ 1,968.82
  • Event Residential Sales
  • Building Name One Madison
  • Address 23 East 22nd Street
  • Unit 12A
  • Neighborhood Flatiron
  • Borough Manhattan
  • Square feet 1,328
  • Price $ 3,156,575
  • Price per foot $ 2,376.94
  • Event Residential Sales
  • Building Name One Madison
  • Address 23 East 22nd Street
  • Unit 9A
  • Neighborhood Flatiron
  • Borough Manhattan
  • Square feet 1,328
  • Price $ 2,952,925
  • Price per foot $ 2,223.59
  • Event Residential Sales
  • Building Name One Madison
  • Address 23 East 22nd Street
  • Unit 8A
  • Neighborhood Flatiron
  • Borough Manhattan
  • Square feet 2,723
  • Price $ 8,250,000
  • Price per foot $ 3,029.75
  • Event Residential Sales
  • Building Name One Madison
  • Address 23 East 22nd Street
  • Unit 27A
  • Neighborhood Flatiron
  • Borough Manhattan
  • Square feet 1,328
  • Price $ 4,327,563
  • Price per foot $ 3,258.71
  • Event Residential Sales
  • Building Name One Madison
  • Address 23 East 22nd Street
  • Unit 7C
  • Neighborhood Flatiron
  • Borough Manhattan
  • Square feet 985
  • Price $ 2,200,000
  • Price per foot $ 2,233.50
  • Event Residential Sales
  • Building Name One Madison
  • Address 23 East 22nd Street
  • Unit 26A
  • Neighborhood Flatiron
  • Borough Manhattan
  • Square feet 1,328
  • Price $ 3,818,438
  • Price per foot $ 2,875.33
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...gone awry, from Ira Shapiro’s troubles with One Madison Park, which ended in bankruptcy, to Ian Bruce Eichner’s CitySpire, which was lost to...
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