Madison Avenue in the context of "Metropolitan Life Insurance Company Tower"

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⭐ Core Definition: Madison Avenue

Madison Avenue is a north–south avenue in the borough of Manhattan in New York City, New York, that carries northbound one-way traffic. It runs from Madison Square (at 23rd Street) to meet the southbound Harlem River Drive at 142nd Street, passing through Midtown, the Upper East Side (including Carnegie Hill), East Harlem, and Harlem. It is named after and arises from Madison Square, which is itself named after James Madison, the fourth President of the United States.

Madison Avenue was not part of the original Manhattan street grid established in the Commissioners' Plan of 1811, and was carved between Park Avenue (formerly Fourth) and Fifth Avenue in 1836, due to the effort of lawyer and real estate developer Samuel B. Ruggles, who had previously purchased and developed New York's Gramercy Park in 1831, and convinced the authorities to create Lexington Avenue and Irving Place between Fourth Avenue (now Park Avenue South) and Third Avenue in order to service it.

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Madison Avenue in the context of Economy of New York City

The economy of New York City encompasses the largest municipal and regional economy in the United States. In 2023, the New York City Metropolitan Area generated a GMP of US$2.299 trillion. Anchored by Wall Street in Lower Manhattan, New York City has been characterized as the world's premier fintech and financial center. The city is home to the New York Stock Exchange (NYSE, on Wall Street) and Nasdaq (headquartered in Times Square), the world's two largest stock exchanges by both market capitalization and trading activity.

New York City, with its center in Manhattan, is the world's leading center of banking, finance, and communication. Many of the world's largest corporations are headquartered in Manhattan. The borough contained over 500 million square feet (46.5 million m) of office space in 2015, making it the largest office market in the United States. Midtown Manhattan, with nearly 400 million square feet (37.2 million m) that same year, is the largest central business district in the world. New York City is distinctive for its high concentrations of advanced service sector firms in the law, accountancy, banking, and management consultancy fields. It is the top global center for the advertising industry, which is metonymously called "Madison Avenue". Silicon Alley, metonymous for New York's broad-spectrum high technology sphere, continues to expand.

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Madison Avenue in the context of Morgan Library

The Morgan Library & Museum (originally known as the Pierpont Morgan Library and colloquially known as the Morgan) is a museum and research library in New York City, New York, U.S. Completed in 1906 as the private library of the banker J. P. Morgan, the institution is housed at 225 Madison Avenue in the Murray Hill neighborhood of Manhattan. As of 2024, the museum is directed by Colin B. Bailey and governed by a board of trustees.

The site was formerly occupied by several Phelps family residences, one of which was sold to J. P. Morgan in 1880. After collecting thousands of objects in the late 19th century, Morgan erected the main library building between 1902 and 1906, with Belle da Costa Greene serving as its first librarian for more than four decades. The library was made a public institution in 1924 by J. P. Morgan's son John Pierpont Morgan Jr., in accordance with his father's will, and further expansions were completed in 1928, 1962, and 1991. The Morgan Library was renamed the Morgan Library & Museum after the completion of a major expansion in 2006. Further renovations were completed in 2010 and 2022.

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Madison Avenue in the context of Madison Square

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 (which starts at the park's southeast corner at 23rd Street); on the south by 23rd Street; on the north by 26th Street; and on the west by Fifth Avenue and Broadway as they cross.

The park and the square are at the northern (uptown) end of the Flatiron District neighborhood of Manhattan. The neighborhood to the north and west of the park is NoMad ("NOrth of MADison Square Park") and to the north and east is Rose Hill.

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Madison Avenue in the context of Koreatown, Manhattan

Koreatown (Korean코리아타운; RRKoriataun), shortened to K-Town, is a Korean enclave in Midtown Manhattan, New York City, centered on 32nd Street between Madison Avenue and the intersection with Sixth Avenue and Broadway, which is known as Greeley Square. The neighborhood in Midtown South features over 150 businesses of various types and sizes, ranging from small restaurants and beauty salons to large branches of Korean banking conglomerates. Koreatown, Manhattan, has become described as the "Korean Times Square" and has emerged as the international economic outpost for the Korean chaebol.

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Madison Avenue in the context of Fifth Avenue

Fifth Avenue is a major thoroughfare in the borough of Manhattan in New York City. The avenue runs south from West 143rd Street in Harlem to Washington Square Park in Greenwich Village. The section in Midtown Manhattan is one of the most expensive shopping streets in the world.

Fifth Avenue carries two-way traffic between 143rd and 135th Streets, and one-way traffic southbound for the rest of its route. The entire avenue carried two-way traffic until 1966. From 124th to 120th Streets, Fifth Avenue is interrupted by Marcus Garvey Park, with southbound traffic diverted around the park via Mount Morris Park West and northbound to Madison Avenue. Most of the avenue has a bus lane, but no bike lane. Fifth Avenue is the traditional route for many celebratory parades in New York City and is closed to automobile traffic on several Sundays each year.

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Madison Avenue in the context of Flatiron District

The Flatiron District is a neighborhood in the borough of Manhattan of New York City, named after the Flatiron Building at 23rd Street, Broadway and Fifth Avenue. Generally, the Flatiron District is bounded by 14th Street, Union Square and Greenwich Village to the south; the Avenue of the Americas (Sixth Avenue) and Chelsea to the west; 23rd Street and Madison Square (or NoMad) to the north; and Park Avenue South and Gramercy Park to the east.

Broadway cuts through the middle of the district, and Madison Avenue begins at 23rd Street and runs north. At the north (uptown) end of the district is Madison Square Park, which was completely renovated in 2001. The Flatiron District encompasses within its boundaries the Ladies' Mile Historic District and the birthplace of Theodore Roosevelt, a National Historic Site. The Flatiron District was also the birthplace of Silicon Alley, a metonym for New York's high technology sector, which has since spread beyond the area.

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Madison Avenue in the context of 590 Madison Avenue

590 Madison Avenue, also known as the IBM Building, is a skyscraper at 57th Street and Madison Avenue in the Midtown Manhattan neighborhood of New York City. Designed by Edward Larrabee Barnes and Associates the 41-story, 603-foot (184 m)-tall tower was developed for the technology company IBM and built from 1978 to 1983.

The building is shaped like an irregular pentagon, with a chamfer cutting diagonally across what would typically be the southwest corner of a rectangular slab. The facade is made of gray-green glass and polished granite, which Barnes intended would give the building the appearance of a prism. The northeast corner of the tower is cantilevered over the main entrance, and there are no setbacks throughout the building's height. Adjacent to 590 Madison Avenue's southwest corner is a privately owned public space covered by a glass structure, which contains chairs, tables, and bamboo trees.

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Madison Avenue in the context of Charles Aubrey Eaton

Charles Aubrey Eaton (March 29, 1868 – January 23, 1953) was a Canadian-born American Baptist clergyman, journalist, and Republican politician who represented New Jersey in the United States House of Representatives from 1925 to 1953. His district, which centered on Somerset County, was numbered as the 4th district from 1925 to 1933 and the 5th district from 1933 to 1953. He was a leading voice in the Republican Party on foreign policy, chairing both the House Committee on Foreign Affairs and Herter Committee and signing the United Nations Charter.

As a pastor, Eaton led Baptist congregations at Natick, Massachusetts (1893–95), Bloor Street, Toronto (1895–1901), Euclid Avenue, Cleveland, Ohio (1901–09), and Madison Avenue, New York City (1909–16). John D. Rockefeller and his family were among Eaton's Cleveland congregation, and Rockefeller was a powerful supporter of Eaton and his nephew, Cyrus S. Eaton.

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