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.
[18] As of the 2000s, many publishers have their offices in the district, as well as advertising agencies,[19] and the number of computer- and Web-related start-up companies in the area caused it to be considered part of "Silicon Alley" or "Multimedia Gulch", along with TriBeCa and SoHo.
With the collapse of the printing trades and the textile industries in New York City, the area's business focus shifted towards technology companies, and to firms serving the employees in the high-tech, finance, media, legal, and medical sectors.
The marble clock tower of the building, modeled on St Mark's Campanile in Venice, dominates Madison Square and the park there.
[25] The Appellate Division Courthouse of New York State on Madison Avenue at 25th Street, was completed in 1900 by architect James Brown Lord, who used a third of the construction budget to decorate the building with statues and murals.
[29] The campus of the City University of New York's Baruch College is located between 23rd and 25th Streets on Lexington Avenue, at the eastern edge of the district.
The classic 40-foot (12 m) lunch counter restaurant at 174 Fifth Avenue, near East 22nd Street, changed owners five times over the last 94 years.