Proposed: One Madison Avenue - by Daniel Libeskind

[stache]

This new building would spend more time talking to 1 Madison than the Metlife building.

[spyguy999]

23rd Street station - Libeskind

[stache]

Yay my Walgreens is still there!

[londonlawyer]

I don't see this being built any time soon -- if at all. Isn't the developer basically bankrupt?

[ASchwarz]

Owner is Elad. He has some of the deepest pockets anywhere, but I doubt anything will happen until the economy improves quite a bit.

[londonlawyer]

Thanks. I thought that it was Africa Israel. Perhaps they own just the Clocktower next door.

[Derek2k3]

http://online.wsj.com/article/SB1000...s_newyork_news

Casting a Wide Net in Real-Estate Search

...The company has been represented for more than a decade by CBRE Group Inc. The brokerage firm is still in the running to lead the search but Credit Suisse is simply evaluating different options, according to people familiar with the matter.

The company's head of real estate, Luther Terry, also recently retired putting leadership of the search further in flux.

Credit Suisse current occupies space in 11 Madison Ave., 1 Madison Avenue and 315 Park Avenue South – all near Madison Square Park. Those leases are set to expire in 2017....


ONE OF THESE DAYS...