Update — December 2012:
The entire side of the building is under scaffolding again. You cannot skate any of the ledges, but the stairs are unobstructed (and protected from rain.) Expect it to be here for at least a year.
Spot: Possibly the most popular spot on the east side of Midtown and certainly the best stair spot you can find throughout the area. In sequence, it has two sixes, a three, a four, a three, and a two. There is also a six and a seven further down, the six being absolutely perfect in every way, and the seven having about fifteen feet of landing room before you roll into the middle of Lexington Avenue. All the steps have ample granite runways and landings, so you should not have any trouble skating them.
There is also a double-sided foot high, thirty-foot-long marble ledge running between the initial set three and the four. The street side of the ledge begins at about a foot-and-a-third in height and gradually ascends to about two-and-a-half feet. Naturally, there’s a crack in the sidewalk at one of the more desirable points that you would want to ollie onto it from. In front of the building, if you stay in the northern corner, there are also a couple of foot high, seven foot long, three foot wide marble manual pads off three steps.
Bust: ♦♦♦♦ / Very Likely: You can guarantee yourself more time if you avoid passing the security window when you first get to the spot. It’s not an ideal place to go before 10 P.M., considering that’s when most people roll up there and wind up getting kicked out within five minutes, making the guards more than ready to come back out. The bust factor is generally very sporadic, but more often than not, the odds are against you, as there are security cameras every twenty feet.
Location: 47th Street and Park Avenue. Take the 4, 5, 6 or 7 to 42nd Street-Grand Central, skate east on 42nd until you reach Lexington, make a left, and skate north for five blocks, making a left on 47th Street.
Pictures (Click to Enlarge):