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The Building Everybody Wants?

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Why developers are so eager to get a piece of One Madison Park, we're not quite sure. (Well, it does have some very happy residents.) But apparently there's yet another suitor preparing a plan to take over the troubled building: the Related Companies. Lender Amalgamated Bank is hoping to buy out the building's major lender, iStar Financial, and take control of the project in order to implement a Related rescue plan. This has, of course, inspired yet another lawsuit. [WSJ; previously]

One Madison Park

One Madison Park, New York, NY 10010

23 East 22nd Street

23 East 22nd Street, New York, NY