One Madison Park Condominium | The Real Deal New York

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One Madison Park Condominium

22 East 23rd Street
New York, NY 10010
212-801-1000

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 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 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 22 East 23rd Street
  • neighborhood Flatiron District
  • borough Manhattan
  • owner HFZ Capital Group
  • developer HFZ CAPITAL GROUP
  • owner entity MADISON R/A SUB, LLC
  • architect Hugo S S Aiaia Architects
  • PLANS DISCLOSED 09/14/2006
  • dob permit issued 11/05/2014
  • tco issued 07/24/2009
  • DOB FILE PLANS 05/24/2006
  • DOB FILE Link
  • height in feet 604
  • floors 51
  • ag file plans 06/29/2012
  • AG FILE Link
  • residential units 63
  • commercial units 1
  • hotel units 0
  • total units 66
  • square feet 170,653
  • const. status JOB FILED
  • block and lot 1-00851-7505
  • BIN 1087769
  • documents click here
Condominium Units+

04/04/12
...-- in the ongoing legal drama at the One Madison Park condominium and expects to relaunch sales late this year, The Real Deal has learned. The...

12/09/11
...in their effort to take over the beleaguered One Madison Park condominium tower on Thursday, after the deadline for parties to file competing bids passed with...

06/28/11
...Bank has acquired the senior piece of the One Madison Park condominium mortgage loan from iStar Financial, according to federal bankruptcy records obtained by The Real...

06/02/11
Ira Shapiro, Cevdet Caner, Ziel Feldman and One Madison ParkThe developers of the One Madison Park condominium said they expect to formally submit an official...

02/16/11
...From left: One Madison Park condominium developer Ira Shapiro, billionaire investment partner Cevdet Caner, investor Ian Bruce Eichner of Continuum...

12/29/10
...Bruce Eichner’s reorganization plan for the 50-story One Madison Park condominium tower, according to the Wall Street Journal. The lender, which launched a foreclosure action...

10/18/10
...also holds the $310 million delinquent mortgage on the One Madison park condominium. Developer Windmoor Project hadn't sold a single unit since iStar, now said to be...

08/03/10
...Barry Slotnick, have filed suit to push the One Madison Park condominium, which is currently under a court-appointed receiver, into bankruptcy.  At the end of...

04/30/10
...full authority to the interim receiver at the One Madison Park condominium, which is going through foreclosure proceedings. Judge James Yates ordered that attorney Jonathan Newman...

04/21/10
...it would fund the remaining construction at the One Madison Park condominium if the court-appointed receiver is granted expanded powers since it says the developer could...

04/16/10
...Jonathan Newman as interim receiver of the controversial One Madison Park condominium, which is currently facing a foreclosure lawsuit by iStar Financial. Newman, a partner at...

03/29/10
...apartment sales prior to the foreclosure filing at One Madison Park condominium, according to court documents obtained by The Real Deal.Lawyers for iStar faced off...
  • 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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Residential condo development is the riskiest sector within the risky business of real estate. Evidence for that is found in both the outsized returns builders...
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