MarketMadison Square and Madison Square Park
Company Profile

Madison Square and Madison Square Park

Madison Square is a public square formed by the intersection of Fifth Avenue and Broadway at 23rd Street in the New York City borough of Manhattan. The square was named for Founding Father James Madison, the fourth president of the United States. The focus of the square is Madison Square Park, a 6.2-acre (2.5-hectare) public park, which is bounded on the east by Madison Avenue ; on the south by 23rd Street; on the north by 26th Street; and on the west by Fifth Avenue and Broadway as they cross.

Early history of the area
The area where Madison Square is now had been a swampy hunting ground crossed by Cedar Creek – which was later renamed Madison Creek – from east to west, and first came into use as a public space in 1686. It was used as a potter's field in the 1700s. In 1807, "The Parade", a tract of about from 23rd to 34th Streets and Third to Seventh Avenues, was designated for use as an arsenal, a barracks, and a drilling area. There was a United States Army arsenal there from 1811 until 1825 when it became the New York House of Refuge for the Society for the Protection of Juvenile Delinquents, for children under sixteen committed by the courts for indefinite periods. In 1839 the building was destroyed by fire. The roadhouse was the last stop for people traveling northward out of the city, or the first stop for those arriving from the north; visitors were encouraged not to sleep more than five to a bed. Madison Square Park, indirectly named after President James Madison, opened to the public. During the 1863 New York City draft riots, 10,000 Federal troops brought in to control the rioters encamped in Madison Square and Washington Square, as well as Stuyvesant Square. It was the first hotel in the nation with elevators, which were steam powered and known as the "vertical railroad", which had the effect of making the upper floors more desirable as they no longer had to be reached by climbing stairs. It had fireplaces in every bedroom, private bathrooms, and public rooms which saw many elegant events. Notable visitors to the hotel included Mark Twain, Swedish singer Jenny Lind, railroad tycoon Jay Gould, financier "Big Jim" Fisk, the Prince of Wales and U.S. Presidents James Buchanan, Abraham Lincoln, Andrew Johnson, Ulysses S. Grant, Rutherford B. Hayes, James A. Garfield, Chester A. Arthur, Grover Cleveland, Benjamin Harrison and William McKinley. Theodore Roosevelt's campaign headquarters for his unsuccessful campaign for mayor in 1886, and his likewise failed campaign for governor in 1898 were located in the hotel. was closed and demolished in 1908. It is reported that patrons of the hotel's bar spent $7.000 on drinks on its last day of operation. No longer primarily residential, Madison Square was still a thriving area. Worth Square At the western side of Madison Square Park, on an island bordered by Broadway, Fifth Avenue, and 25th Street, stands an obelisk, designed by James Goodwin Batterson The city's Parks Department designated the area immediately around the monument as a parklet called General Worth Square. ==Renewal==
Renewal
(Liberty Enlightening the World) in Madison Square Park between 1876 and 1882 in 1911 Madison Square Park lost some acreage in 1870 when the west side was reduced so that Broadway could be widened and parking provided for hansom cabs, a former assistant to Frederick Law Olmsted. The current park maintains their overall design. Other statues in the park depict Roscoe Conkling, who served in Congress in both the House and the Senate, and who collapsed at that spot in the park while walking home from his office during the Blizzard of 1888 and died five weeks later, after refusing to pay a cab $50 for the ride; Chester Alan Arthur, the 21st President of the United States; and David Farragut, who is supposed to have said "Damn the torpedoes, full speed ahead" in the Battle of Mobile Bay during the Civil War. The Farragut Memorial (1881), which was first erected at Fifth Avenue and 26th Street and moved to the Square's northern end in 1935, was designed by Augustus Saint-Gaudens (sculpture) and architect Stanford White (base). Along the south edge of the park is the Eternal Light Flagstaff, dedicated on Armistice Day 1923 and restored in 2002, which commemorates the return of American soldiers and sailors from World War I. Another park highlight is the granite Southern Fountain, a modern reproduction of the original fountain, which was first located on the site of the Old Post Office. It was completed in 1843, before being rededicated in the park in 1867. The modern replacement was installed in 1990, and renovated in 2015. It was expanded in 2022. Innovation and fashionability Madison Square continued to be a focus of public activities for the city. In the 1870s, developer Amos Eno's Cumberland apartment building, which stood on 22nd Street where the Flatiron Building would eventually be built, had four-stories of its back wall facing Madison Square, so Eno rented it out to advertisers, including the New York Times, who installed a sign made up of electric lights. Eno later put a canvas screen on the wall, and projected images on it from a magic lantern on top of one of his smaller buildings on the lot, presenting both advertisements and interesting pictures in alternation. Both the Times and the New York Tribune began using the screen for news bulletins, and on election nights crowds of tens of thousands of people would gather in Madison Square, waiting for the latest results. In 1876, a large celebration was held in Madison Square Park to honor the centennial of the signing of the Declaration of Independence. Then, from 1876 to 1882, the torch and arm of the Statue of Liberty (Liberty Enlightening the World) were exhibited in the park in an effort to raise funds for building the pedestal of the statue. Madison Square was the site of some of the first electric street lighting in the city. In 1879, the city authorized the Brush Electric Light Company to build a generating station at 25th Street, powered by steam, that provided electricity for a series of arc lights which were installed on Broadway between Union Square (at 14th Street) and Madison Square. The lights were illuminated on December 20, 1880. A year later, "sun towers" with clusters of arc lights were erected in Union and Madison Squares. ==Madison Square Garden==
Madison Square Garden
, designed by Stanford White The building that became the first Madison Square Garden at 26th Street and Madison Avenue was built in 1832 as the passenger depot of the New York and Harlem Rail Road, and was later used by the New York and New Haven Railroad as well; both were owned by Cornelius Vanderbilt. When the depot moved uptown in 1871 to Grand Central Depot, the building stood vacant until 1873, when it was leased to P. T. Barnum The building that replaced it was a Beaux-Arts structure designed by the noted architect Stanford White. White kept an apartment in the building, and was shot dead in the Garden's rooftop restaurant by millionaire Harry K. Thaw over an affair White had with Thaw's wife, the well-known actress Evelyn Nesbit, whom White seduced when she was 16. The resulting sensational press coverage of the scandal caused Thaw's trial to be one of the first Trials of the Century. Madison Square became known as "Diana's little wooded park" after the huge bronze statue of the Roman goddess Diana by Augustus Saint-Gaudens that stood atop the 32-story tower of White's arena; at the time it was the second-tallest building in the city. The Garden hosted the annual French Ball, both the Barnum and the Ringling Brothers circuses, orchestral performances, light operas and romantic comedies, and the 1924 Democratic National Convention, which nominated John W. Davis after 103 ballots, but it was never a financial success. It was torn down soon after, and the venue moved uptown. Today, the arena retains its name, even though it is no longer located in the area of Madison Square. == Ceremonial arches==
Ceremonial arches
To celebrate the centennial of George Washington's first inauguration, in 1889 two temporary arches were erected over Fifth Avenue and 23rd and 26th Streets. Just ten years later, in 1899, the Dewey Arch was built over Fifth Avenue and 24th Street at Madison Square for the parade in honor of Admiral George Dewey, celebrating his victory in the Battle of Manila Bay in the Philippines the year before. The arch was intended to be temporary, but remained in place until 1901 when efforts to have the arch rebuilt in stone failed, and it was demolished. Fifteen years passed, and in 1918 Mayor John F. Hylan had a Victory Arch built at about the same location to honor the city's war dead. Thomas Hastings designed a triple arch which cost $80,000 and was modeled after the Arch of Constantine in Rome. Once again, a bid to make the arch permanent failed. ==20th century==
20th century
Early century The park was the site of an unusual public protest in 1901. Oscar Spate, a displaced Londoner, convinced the Parks Commissioner, George Clausen, to allow him to pay the city $500 a year to put 200 cushioned rocking chairs in Madison Square Park, Union Square, and Central Park and charge the public 5 cents for their use. Free benches were moved away from shaded areas, and Spate's chairs replaced them. When a heat wave hit the city in July, people in Madison Park refused to pay the nickel that was now required to sit in the shade. The police became involved, and newspapers like The Sun and William Randolph Hearst's Evening Journal took up the cause. People began going to the park with the intent of sitting and refusing to pay, and a riot occurred involving a thousand men and boys, who chased the chairs' attendant out of the park and overturned and broke up chairs and benches. Two months later, in September, the Seventy-first Regiment Band played "Nearer, My God, to Thee" in the park as recognition of the death by assassination of President William McKinley. The hymn had been McKinley's favorite. On the election night of November 4, 1902, a fireworks disaster led to the deaths of 15 people (Including Patrolman Dennis Shea of the NYPD) and the wounding of 70, as a display meant to celebrate the election of William Randolph Hearst to Congress misfired. in Madison Square Park, c. 1912 In 1908, the New York Herald installed a giant searchlight among the girders of the Metropolitan Life Tower to signal election results. A northward beam signaled a win for the Republican candidate, and a southward beam for the Democrat. The beam went north, signaling the victory of Republican William Howard Taft. America's first community Christmas tree was illuminated in Madison Square Park on December 24, 1912, an event which is commemorated by the illuminated Star of Hope on a tall pole, installed in 1916 at the southern end of the park. Today the Madison Square Park Conservancy continues to present an annual tree-lighting ceremony sponsored by local businesses. Author Willa Cather described Madison Square around 1915 in her novel My Mortal Enemy (1926): Madison Square was then at the parting of the ways; had a double personality, half commercial, half social, with shops to the south and residences to the north. It seemed to me so neat, after the raggedness of our Western cities; so protected by good manners and courtesy—like an open-air drawing-room. I could well imagine a winter dancing party being given there, or a reception for some distinguished European visitor. A commercial neighborhood In the early part of the 20th century, the neighborhood around Madison Square Garden became known for the number of clothing manufacturers who had set up shop there, as well as industrial concerns such as the Lionel Train Company, which had its headquarters there, where it displayed its first model train layout. Lionel's competitor, the A. C. Gilbert Company, set up its New York "Hall of Science" in the neighborhood as well, in 1941, on 25th Street across from Worth Square, in a building that still stands, addressed as 202 Fifth Avenue; Gilbert also displayed its train layouts. Lionel eventually bought up Gilbert in 1967. The New York City Department of Traffic announced a plan in 1964 to build a parking garage underneath the park, much like the Boston Common, Union Square in San Francisco and MacArthur Park in Los Angeles. The plan was successfully blocked by preservationists, who cited concerns about the damage that the excavation would cause to the park, particularly the roots of its many trees. On October 17, 1966, a fire at 7 East 23rd Street resulted in one of the deadliest building collapses in the history of the New York City Fire Department, when 12 FDNY staff—two chiefs, two lieutenants, and eight firefighters—were killed. This was the department's greatest loss of life before the September 11 terrorist attacks. A plaque honoring the victims can be seen on Madison Green, the apartment building currently occupying the site. Restoration By the middle of the 20th century, some of the buildings in the neighborhood were half-empty, Efforts began in 1979 with a privately funded program to clean up and maintain the park, the first time that non-public funding was used in New York City for long-term work in the city's parks. a public-private partnership whose mission is to keep it "a bright, beautiful and active public park." stand, added in 2004. The chain began in 2001 as a hot dog cart at the Madison Square Park.|alt=The Shake Shack stand that was added to the park in 2004 One amenity, added to the park in July 2004, is the Shake Shack, a popular permanent stand that serves hamburgers, hot dogs, shakes and other similar food, as well as wine. Its distinctive building, which was designed by Sculpture in the Environment, an architectural and environmental design firm based in Lower Manhattan, sits near the southeast entrance to the park. In 2010, park designer and horticulturalist Lynden Miller was hired to reconfigure the planting beds. ==Current status==
Current status
The names of the neighborhoods around Madison Square have changed frequently, and continue to do so. Around the park and to the south is the Flatiron District, an area that, since the 1980s, has changed from a primarily commercial district with many photographer's studios—located there because of the relatively cheap rents—into a prime residential area. Rose Hill is to the north and east of the park, while NoMad is to the north and Chelsea is to the west. Within the area, Madison Avenue continues to be primarily a business district, while Broadway just north of the square holds many small "wholesale" and import shops. The area west of the square remains mostly commercial, but with many residential structures being built. In 1989, the city's Landmarks Preservation Commission had created the Ladies' Mile Historic District to protect and preserve the area. Additionally, since 2001, the Madison Square North Historic District for the area north and west of the park, in the neighborhood that since 1999 has been referred to as NoMad ("NOrth of MADison Square Park "). Buildings rises above the park On the south end of Madison Square, southwest of the park, is the Flatiron Building, one of the oldest of the original New York skyscrapers, and just to east at 1 Madison Avenue is the Met Life Tower, built in 1909 and the tallest building in the world until 1913, when the Woolworth Building was completed. , the Met Life Tower contains a luxury hotel within its clock tower, while the building's office space is being renovated. The marble clock tower of this building dominates the park. The Met Life Tower absorbed the site of the architecturally distinguished 1854 building of the former Madison Square Presbyterian Church, designed by architect Richard Upjohn on the southeast corner of 24th Street, while the Metropolitan Life North Building replaced the 1906 replacement church on the northeast corner of 24th Street and Madison, designed by Stanford White and demolished in 1919. Nearby, on Madison Avenue between 26th and 27th Streets, on the site of the old Madison Square Garden, is the 40-floor, high New York Life Building, built in 1928 and designed by Cass Gilbert, with a square tower topped by a striking gilded pyramid. Also of note is the statuary adorning the Appellate Division Courthouse of the New York State Supreme Court on Madison Avenue at 25th Street. and One Madison (center right) are recent additions to the otherwise largely 20th century skyline To the west of the Flatiron Building, at the southwest corner of Fifth Avenue and 23rd Street, is Henry J. Hardenbergh's Western Union Telegraph Building, one of the first commercial buildings in the area. It was completed in 1884, the same year his Dakota Apartment Building was finished. Residential skyscrapers One Madison, a 50-story residential condominium tower which opened in 2013, is located at 22 East 23rd Street, at the foot of Madison Avenue across from the park. Down the block to the west, on the southeast corner of Broadway and 23rd Street, with the address of 5 East 22nd Street, is the Madison Green condominium apartment tower. While not architecturally notable, the building is significant as one of the first signs that the area was rebounding. The 31-story building was first announced in the mid-1970s, but was not constructed until 1982. Near the other end of the 22nd Street block between Broadway and Park Avenue South is the Madison Square Park Tower at 45 East 22nd Street, a 64-story residential skyscraper which topped-out in 2017 and is expected to open in 2018. Transportation Madison Square can be reached on the New York City Subway via local service on the BMT Broadway Line () at the 23rd Street station. ==Gallery==
Gallery
File:Childe Hassam Snowstorm Madison Square crop.jpg|Snowstorm, Madison Squareby Childe Hassam (c.1890).Stanford White's Madison Square Gardenis in the background. File:Madison Square 1893.jpg|Madison Square in 1893, looking north;note the Worth Monument in the upper center File:Madison Square After the Rain Paul Cornoyer.jpg|Madison Square Park After the Rainpainted by Paul Cornoyer (c.1900) File:New York, Early 20s.jpg|In 1920, the American artist Thomas Hart Benton depicted the Seward statue, the Eternal Light flagpole, and the Worth obelisk in his painting New York, Early Twenties. File:Madison Square post card.jpg|A hand-colored postcard from the turn of the 20th century File:Madison square new york 1908.jpg|The Square and Park in 1908;the "cowcatcher" and "prow" of the Flatiron Buildingare on the right File:Farragut Mad Sq jeh.JPG|David Farragutby Augustus Saint-Gaudens File:Seward statue in Madison Square Park (00284) (cropped).jpg|Statue of William H. Seward,the Secretary of State who purchased Alaska File:Madison Square Park fountain.jpg|The fountain,a modern reproduction installed in 1990 based on the 1867 original, restored in 2015 File:Roscoe Conkling crop.jpg|Roscoe Conklingwas a Republican political boss File:Chester A. Arthur statue by Bissell jeh.jpg|President Chester A. Arthur File:AHS JROTC Madison Sq jeh.JPG|The annual New York City Veterans Day Parade starts in the park and marches up Madison Avenue File:3139-Madison Square Park.JPG|Inside the park, April 2013 ==See also==
tickerdossier.comtickerdossier.substack.com