The Story Of Madison Square Park's Half-Finished Skyscraper

(The New York Times) It’s been a long, strange ride for the pencil-thin building that towers over the south side of Madison Square Park.       

The bronze and glass skyscraper, known as One Madison, rises 60 stories above the foot of Madison Avenue and runs block-through from East 23rd Street to East 22nd Street. Conceived during the peak of the last real estate bubble by two developers who had never before built in New York City, the project eventually flamed out in a spectacular crash, piled under mountains of debt and multiple lawsuits.