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Flatiron Building

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Flatiron Building

The Flatiron Building, originally the Fuller Building, is a 22-story, 285-foot-tall (86.9 m) steel-framed triangular building at 175 Fifth Avenue in the eponymous Flatiron District neighborhood of Manhattan in New York City. Designed by Daniel Burnham and Frederick P. Dinkelberg, and sometimes called, in its early days, "Burnham's Folly", it was opened in 1902. The building sits on a triangular block formed by Fifth Avenue, Broadway, and East 22nd Street—where the building's 87-foot (27 m) back end is located—with East 23rd Street grazing the triangle's northern (uptown) peak. The name "Flatiron" derives from its triangular shape, which recalls that of a cast-iron clothes iron.

The Flatiron Building was developed as the headquarters of construction firm Fuller Company, which acquired the site from the Newhouse family in May 1901. Construction proceeded rapidly, and the building opened on October 1, 1902. Though the building was originally 20 floors, a "cowcatcher" retail space (a low attached building so called for its resemblance to the device on rail locomotives) and penthouse were added shortly after the building's opening. The Fuller Company sold the building in 1925 to an investment syndicate. The Equitable Life Assurance Society took over the building after a foreclosure auction in 1933 and sold it to another syndicate in 1945. Helmsley-Spear managed the building for much of the late 20th century, renovating it several times. The Newmark Group started managing the building in 1997. Ownership was divided among several companies, which started renovating the building again in 2019. Jacob Garlick agreed to acquire the Flatiron Building at an auction in early 2023, but failed to pay the required deposit, and three of the four existing ownership groups took over the building. In October 2023, the building's owners announced that it would be converted to residential condominiums; the project is planned to be complete by 2026.

The Flatiron Building's facade is divided vertically into three sections, similarly to the components of a classical column. The three-story base is clad with limestone, while the upper stories are clad with glazed terracotta. The building's steel frame, designed by structural engineering firm Purdy and Henderson, was intended to withstand four times the maximum wind force of the area. Called "one of the world's most iconic skyscrapers and a quintessential symbol of New York City", the building anchors the south (downtown) end of Madison Square and the north (uptown) end of the Ladies' Mile Historic District. The neighborhood around it is called the Flatiron District after its signature, iconic building. The building was designated a New York City landmark in 1966, was added to the National Register of Historic Places in 1979, and was designated a National Historic Landmark in 1989.

The Flatiron Building occupies a triangular city block bounded by Fifth Avenue to the west, Broadway to the east, and 22nd Street to the south. The western and eastern facades converge, forming a "peak" at its northern corner where Fifth Avenue and Broadway intersect with East 23rd Street. The shape of the site arises from Broadway's diagonal alignment relative to the Manhattan street grid. The site measures 197.5 feet (60.2 m) on Fifth Avenue, 214.5 feet (65.4 m) on Broadway, and 86 feet (26 m) on 22nd Street. Above the ground level, all three corners of the triangle are rounded. Despite the building's name, the site is shaped like a scalene right triangle, rather than an isosceles triangle (as flatirons are shaped).

Buildings directly across the street from the Flatiron Building include the Toy Center to the north, the Sohmer Piano Building to the southwest, the Scribner Building to the south, and Madison Green to the southeast. Entrances to the New York City Subway's 23rd Street station, served by the R and ​W trains, are adjacent to the building. The Flatiron Building is within the Ladies' Mile Historic District, a preservation which extends between 15th Street (to the south) and 24th Street (to the north).

The St. Germain Hotel (alternatively spelled St. Germaine) was built by 1855 on the south end of the lot. It was one of several hotels built in the neighborhood during the mid-19th century. Amos Eno purchased the entire block in 1857 for $32,000, and he shortly built the Fifth Avenue Hotel on a site diagonally across from it. At some point after 1880, Eno tore down the St. Germain Hotel and replaced it with a seven-story apartment building, the Cumberland. On the remainder of the lot, he built four three-story buildings for commercial use. This left four stories of the Cumberland's northern face exposed, which Eno rented out to advertisers, including The New York Times, which installed a sign made up of electric lights. The sign, the first of its kind in New York City, was a precursor to the Great White Way near Times Square. Eno later put a canvas screen on the wall, projecting images from a magic lantern atop one of his smaller buildings, where he alternately presented advertisements and interesting pictures. Both the Times and the New-York Tribune began using the screen for news bulletins, and on election nights tens of thousands of people would gather in Madison Square, waiting for the latest results.

The site came to be known by many names, including "Eno's flatiron", "Eno's corner", and "the cow catcher". By the 1890s, the Eno family earned $42,000 a year from the site. Although Eno was one of the largest landowners in New York City by 1894, he rejected all offers to purchase the flatiron site during his lifetime. After his death in 1899, his assets were liquidated, and the lot went up for sale. The New York State Assembly appropriated $3 million for the city to buy it, but this fell through when a newspaper reporter discovered that the plan was a graft scheme by Tammany Hall boss Richard Croker. Instead, the lot was bought at auction by William Eno, one of Amos's sons, for $690,000 in April 1899. This was more than 20 times what the elder Eno had paid for the property four decades earlier.

In May 1899, just three weeks after William had acquired the flatiron lot, he resold it to Samuel and Mott Newhouse for $750,000 or around $801,000. At the time, the Newhouse family did not consider a skyscraper on the flatiron site to be feasible because of engineering and architectural constraints. The Newhouses intended to erect a 12-story building with retail shops at street level and bachelor apartments above. They announced plans for the building in November 1900, but the plans were not executed, even though the value of land lots in the city was increasing. At the time, eight- to ten-story office and commercial buildings were being developed in the neighborhood, replacing older, shorter commercial structures.

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