Bubble Wrap
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Madison Square's Mad Money
The New York Post reports on the dramatic transformation of the neighborhood surrounding Madison Square Park, which is about to get even more supercharged with new projects designed by Donatella Versace and Rem Koolhaas. Both buildings plan on having penthouses upwards of $50 million, breaking all Downtown records.
What bodes well for both the Koolhaas and Clock Tower buildings, aside from their starchitecture and iconic status, is that the Madison Square Park area has already bred not just one super-luxury building, but a slew of them. (And still on the horizon could be a Daniel Libeskind tower at One Madison Ave. – adjacent to the Clock Tower – being developed by Elad Properties, which did not comment on the project’s status.)
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posted about 15 months ago
