Flatiron Building

May 24, 2023

Flatiron Building sells for $161M at second auction in two months

After being put up for auction for the second time since March after the previous buyer failed to make the down payment, the Flatiron Building has sold for $161 million. During the auction hosted on the front steps of a Lower Manhattan courthouse Tuesday, a group led by Jeff Gural of GFP Real Estate, one of the landmarked building's previous owners, placed the winning bid over four other contenders. After winning, Gural said he plans to convert the upper part of the building into residential units, while keeping office space below, according to Crain's New York.
See more here
March 29, 2023

Flatiron Building future uncertain as buyer fails to pay deposit

After placing a winning bid of $190 million for the Flatiron Building during a live auction last week, Jacob Garlick of Abraham Trust missed the deadline to make the down payment, as first reported by NY1. After placing the winning bid, Garlick was required to pay a 10 percent deposit of $19 million by Friday but has yet to do so. This could mean another auction will be set for the iconic property.
Find out more
March 23, 2023

NYC’s iconic Flatiron Building has sold for $190M

New York City's iconic Flatiron Building has sold for $190 million. During a live public auction in Lower Manhattan on Wednesday, Jacob Garlick of Abraham Trust placed the winning bid over one of the historic landmark's previous owners, Jeffrey Gural of GFP Real Estate, as the Real Deal reported. Earlier this month, a judge approved a partition sale of the property to resolve a longstanding dispute among its owners.
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March 3, 2023

Historic Flatiron Building headed to auction to end dispute between owners

New York City's iconic Flatiron Building will be put up for auction to resolve a dispute between its current owners, according to a recent judgment filed in state Supreme Court. As first reported by PincusCo, the decision to sell the vacant landmarked building was made by GFP Real Estate, Newmark, Sorgente Group, and ABS Real Estate Partners, which make up 75 percent of the building's owners. The auction is set to take place on March 22 with Mannion Auctions.
Find out more
November 25, 2019

Kaleidoscope-like holiday installation opens in Flatiron plaza

A bright and colorful public art installation has opened in front of the Flatiron Building just in time for the holiday season. Ziggy from New York-based firm Hou de Sousa was selected last week as the winner of the annual Flatiron Public Plaza Holiday Design Competition by the Flatiron/23rd Street Partnership and the Van Alen Institute. The structure is made up of painted rebar and 27,000 feet of iridescent cord and allows visitors to walk through, sit down, and peek through its vibrant openings. "Hou de Sousa’s spectacular installation invites us to rethink how we interact with public space, and with one another, "Deborah Marton, Van Alen's executive director, said. "Their design creates delightful and unexpected ways to connect with others."
See it here
October 4, 2018

10 of NYC’s most impressive Terra-cotta buildings

Terra-cotta, Latin for "fired earth," is an ancient building material, made of baked clay, first used throughout early civilizations in Greece, Egypt, China the Indus Valley. In more modern times, architects realized that "fired earth" actually acts as a fire-deterrent. In the age of the skyscraper, terra-cotta became a sought-after fire-proof skin for the steel skeletons of New York’s tallest buildings. In the early part of the 20th century, the City’s most iconic structures were decked out in terracotta. You’ll find terra-cotta on famous facades from the Flatiron to the Plaza, but the material often flies under the radar of pedestrians and architecture buffs alike because it can mimic other materials, like cast-iron or carved wood. Now, this long-underappreciated material is getting its due. On October 24th, the Historic Districts Council will present its annual Landmarks Lion Award to the terra-cotta firms Boston Valley Terra Cotta and Gladding, McBean, which work to keep terra-cotta alive worldwide, and to the preservation organization Friends of Terra Cotta, which has worked to preserve New York’s architectural terra-cotta since 1981. The ceremony will take place at Grand Central’s Oyster Bar, under the magnificent Guastavino terra-cotta ceiling recently restored by Boston Valley Terra Cotta. Fired up about finding “fired earth” around town? Here are 10 of the most impressive examples of New York terra-cotta!
Learn more about New York's Terra Cotta Treasures
February 22, 2018

Did you know the Flatiron Building used to have a massive restaurant in the basement?

New York's iconic Flatiron building, built in 1902, gets plenty of attention for its distinctive, triangular design. But the massive restaurant that operated out of the landmark's basement--known as The Flat Iron Restaurant and Cafe--has seemingly been lost to the ages. The basement restaurant allegedly could seat up to 1,500 guests. And by 1906, Madison Square had transformed from a desirable residential neighborhood for the city’s elite, as it had been in the Gilded Age, to a bustling commercial hub. The lengthy menu reflects that, with offerings that include affordable dishes of shellfish, meats, and sandwiches.
Check out the menu
October 19, 2017

Off the grid: The little Flatiron Buildings of the Village

The Flatiron Building is one of the city’s most iconic and beloved landmarks. Since 1902 it’s been a symbol of New York, though ironically its acute angle formed by the intersection of Broadway and Fifth Avenue makes it an unusual sight in our otherwise orthogonal city on a grid. But while the Flatiron Building may be the most famous product of quirky street angles, it’s far from the only one. In fact, the "off-the-grid" streets of Greenwich Village and the East Village contain scores of them, most of which pre-date the 23rd Street landmark.
Take a tour of the little Flatirons
August 30, 2016

Vintage 1901 film captures the infamous 23 Skidoo of the Flatiron

The Flatiron building is best known for its angular form and its striking architectural details. But back in the early 1900s it gained notoriety for something far less virtuous: the 23 skidoo. Because the Flatiron building sits at the intersection of 5th Avenue and Broadway, which together form a sharp angle, winds will often collect to create currents strong enough to lift a woman's skirt. While by today’s standards bare legs and ankles aren't worth taking note of, back then this sight was a real treat for the fellas. As such, hordes of men would flock to 23rd Street in hopes catching one of the many old-timey wardrobe malfunctions that occurred throughout the day. In fact, according to Andrew S. Dolkart, professor of Historic Preservation at the Columbia's Graduate School of Architecture, Planning and Preservation, the number of men who gathered would sometimes become so disruptive that police would have to shoo them away!
watch the full 23 skidoo here
June 15, 2015

This Man Dove off the Flatiron Building into a Collapsible Plastic Pool for 20 Years

Picture this: You walk by the Flatiron Building, one of the most recognizable landmarks in the entire city, and see a man positioning himself to jump off. Today, you'd call 911 without hesitation, but 50 years ago it was annual spectacle. Ephemeral New York uncovered the story of Henri LaMothe, the "diving daredevil" who performed a stunt around the country where he did his "flying squirrel" dive from 40 feet above ground into a collapsible plastic pool with only four feet of water. On his birthday on April 2, 1954, he climbed to the 40-foot mark on the Flatiron Building and did his signature jump. For the next 20 years, he performed the feat annually on his birthday, decreasing the water level each year. On his 70th birthday in 1974, he dove into a pool filled with merely one foot of water, and many say when he stood up, his back was still dry thanks to his famous belly flop.
Find out more about this daredevil
May 15, 2015

What’s Your Favorite Building in NYC? 6sqft’s Writers and Friends Square Off

Once upon a time, when 6sqft was not yet launched, a group of writers were asked for their thoughts on their favorite building in New York City. Their choices, some easily recognizable and others a little further from the beaten path, were mixed together with those of a few folks a lot like our readers—interested in and passionate about all things New York. The result? A wonderful blend of what makes this city great: its diversity, not simply demographically but also in the opinions of those eight million souls who weave together the fabric of all five boroughs to create the most interesting city in the world. And it stands to reason the most interesting city in the world is home to quite a few interesting buildings. As one might expect, there was barely a duplicate in the bunch. Some weren't even on our radar! Is your favorite on the list? If not, we’d love to know what you think in the comments.
Read on to see if you agree with our selections
April 7, 2015

Tracing the Colorful History of Madison Square Park from the 1800s

Recent reports show that NoMad has taken over the top spot for priciest neighborhood in the city in which to rent, with a one-bedroom unit going for an average of $4,270/month. For most real estate aficionados this isn't shocking, as the neighborhood has been growing into one of the city's hottest spots for the past several years, but few know of the area's fascinating past. Named for our fourth president, James Madison, the 6.2-acre Madison Square Park was first used as a potter’s field, then an army arsenal, then a military parade ground and finally as the New York House of Refuge children’s shelter, until it was destroyed by a fire in 1839. After the fire, the land between 23rd and 26th Streets from Fifth to Madison Avenues was established as a public park enclosed by a cast-iron fence in 1847. The redesign included pedestrian walkways, lush shrubbery, open lawns, fountains, benches and monuments and is actually similar to the park that exists today.
Find out how our beloved madison square park came to be
March 5, 2015

Secrets of the Flatiron Building; Meet NYC’s Engagement Photographer

Did you know the Flatiron Building was once referred to as the Cowcatcher? Find out about this and other secrets of the iconic building. [Untapped] The “engagement photographer” makes his living sneaking around parks, hiding in bushes, and secretly photographing New Yorkers’ romantic moments. [BI] We’re not sure if this engagement was photographed, but one man proposed […]