TRD Profile:From the March issue: If the Flatiron District’s One Madison condo tower typifies the nadir and the zenith of real estate’s recent history, then Ian Bruce Eichner is perhaps the most fitting developer to eclipse the storied building’s successes — or to get swallowed up in its shadow trying.
With a property grab one broker described bluntly as “ballsy,” Eichner is back building in Manhattan after spending much of the early aughts in Las Vegas developing and, reminiscent of his high-profile rise and crash 25 years ago, surrendering the city’s most expensive casino ever, the Cosmopolitan. “I was exiled to the desert,” he said. [more]