Tuesday, May 8, 2007

$2,000 per SF? Only in Manhattan...

Soaring 60 stories over Madison Square Park and at the foot of the Avenue will be a building with unparalleled views, luxury, services and amenities. Edging upwards of $2000 per square foot (!) for 1 and 2 bedroom residences, and even more for high-floor, full-floor residences and the crown jewel triplex penthouse, One Madison Square is sure to make quite a splash on the New York City real estate scene when it’s seventy or so units debut in the summer of 2007. According to developer Marc Jacobs, “this building is going to be like the Time Warner Center on Madison Square Park.” Along with his business partner Ira Shapiro, Marc hopes to hit the ground running with their development company Slazer Enterprise’s first marque on Manhattan soil. Keep your ears open and your eyes to the sky, this one’s going to be great!

Authored by Matthew Knee (Guest Author)

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