"The Flatiron Building, the wedge-shaped landmark that anchors Madison Square Park, has officially turned a new page. For the first time in its 124-year history, the triangular tower's upper floors have been reworked into private residences, with long-vacant offices giving way to high-end apartments. The shift caps years of scaffolding, ownership fights and renovation work that followed the departure of the building's last major tenant in 2019."
"Early coverage of the project laid out a wide range of possible layouts, with some reports pegging the conversion at up to 60 units. An offering plan made public in 2025, however, lists 38 residences with layouts that take advantage of the building's narrow prow. The plan and released floor plans show pricing that starts around $10.95 million and stretches toward $50 million for the largest units, per 6sqft."
The Flatiron Building's upper floors have been converted into private residences for the first time in its 124-year history. The conversion followed years of scaffolding, ownership disputes, and vacancy after the last major tenant left in 2019. A chaotic, court-ordered auction in 2023 and a subsequent ownership shakeup cleared the way for a residential plan involving the Brodsky Organization. An offering plan filed in 2025 lists 38 units designed to use the building's narrow prow, with prices starting near $10.95 million and reaching toward $50 million. Developers secured a reported $357 million construction loan from Tyko Capital. Studio Sofield led interiors, and the Landmarks Preservation Commission approved new exterior lighting. Finished rooms blend historic terracotta details with contemporary kitchens and baths.
Read at Hoodline
Unable to calculate read time
Collection
[
|
...
]