Almost indistinguishable from its Midtown surroundings, the Garment District is a borderless nook struggling to hold on to its floundering identity. Sometimes referred to as the Fashion District, the tiny neighborhood’s bounds are loosely considered to be between Fifth and Ninth Avenue, and 34th to 42nd Street. It’s hard to imagine, especially when one considers the current economic state of this district, that it was once the epicenter of fashion design and textile manufacturing. Now, the Garment District carries the name of waning industry, and its residents struggle to inject life back into it.

It’s been a long time coming, but the luxury apartments in One Madison Park may finally be put back on the market. Anyone who knows the history of this luxury condo knows that this is no small victory; the legal quagmire that included involuntary bankruptcy, defaulted loans, and ownership changes looked hopeless as recently as a few months ago. But now, a group of creditors including Related Companies., HFZ Capital, and CIM Group won control of One Madison Park last week - a federal court approved their plan to take the glass condominium tower out of bankruptcy. Related Cos. agreed to settle the majority of the outstanding claims (estimated to be in the tens of millions of dollars) a move that will allow them to complete construction at the site. According to the developers, sales on the 55 luxury condominiums in One Madison Park that are unsold could begin by the end of this year.