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One Madison Park Sale Falls Short of $10 Million Rumors

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For one shining moment last month, it seemed like there was a bit of good news coming out of One Madison Park: a technology entrepreneur was rumored to have closed on a $10 million 42nd-floor unit, a final price that worked out to $3,021/square foot. Our minds were briefly blown. But at the funhouse that is One Mad Park, nothing is ever as it seems, and the tech entrepreneur's news isn't quite that good. Igal Lichtman, CEO of tech company MagicSolutions, paid only $6.31 million for apartment 42A, according to the deed, which recently hit public record. That works out to a little more than $1,900/square foot. Not quite what the developers were hoping for, in all likelihood, but One Madison Park probably isn't looking any gift horses in the mouth right now.
· Deed: One Madison Park #42A [ACRIS]
· One Madison Park's Payday [Curbed]

23 East 22nd Street

23 East 22nd Street, New York, NY

One Madison Park

One Madison Park, New York, NY 10010