As the Post's Lois Weiss first reported yesterday, the iconic MetLife tower at One Madison Ave. on Madison Square Park has been snapped up by developer SL Green, which plans to convert the 41-story tower to?wait for it?condos. Dude, check it out?another residential conversion of a storied NYC building. Woo-wee. (Also in play, says Weiss, is MetLife's 200 Park Ave.) To celebrate this historic condo conversion, Curbed hereby sets the over/under on the Empire State Building going condo at October 14, 2005. Place your action now.
· SL Green Snags One Madison [NYPost]
· $1 Billion Deal Turns MetLife Into Condos [NYTimes]
· SL Green Buys One Madison for $918m [GlobeSt]