Renewal
With the commercialization of the neighborhood, elite residents moved further uptown, away from Madison Square, enabling more restaurants, theatres and clubs to open up in the neighborhood, creating an entertainment district, albeit an upscale one where society balls and banquets were held in restaurants such as Delmonico's. Nearby, huge dry-goods emporia such as Siegel-Cooper in the Ladies' Mile district brought daytime crowds of shoppers. No longer primarily residential, Madison Square was still a thriving area.
Madison Square Park was relandscaped in 1870 by William Grant and Ignatz Pilat, a former assistant to Frederick Law Olmstead. The new design brought in the sculptures that now reside in the park. One notable sculpture is the seated bronze portrait of Secretary of State William H. Seward, by Randolph Rogers (1876), which sits at the southwest entrance to the park. Seward, who is best remembered for purchasing Alaska ("Seward's Folly") from Russia, was the first New Yorker to have a monument erected in his honor.
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, after refusing to pay a cab $50 for the ride; Chester Alan Arthur, the twenty-first President of the United States; and Admiral 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). Other park highlights are an ornamental fountain added in 1867 and the Eternal Light Flagpole, dedicated on Armistice Day 1923 and restored in 2002, which commemorates the return of American soldiers and sailors from World War I.
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, and from 1876 to 1882, the torch and arm of the Statue of Liberty were exhibited in the park in an effort to raise funds for the building of the base 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 20 December 1880. A year later, 160-foot (49 m) "sun towers" with clusters of arc lights were erected in Union and Madison Squares.
The area around Madison Square continued to be fashionable and influential. In 1883, art dealer Thomas Kirby and two others established a salon "for the Encouragement and Promotion of American art" on the south side of the Square. Their American Art Association became the place to go in New York to buy and sell jewelry, antiquities, fine art and rare books.
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