Canvas El sueño de un americano en Madrid. At the beginning of the 20th century, Madrid wanted to become New York. In the first decades of the last century, the capital of the world astonished the planet constructing buildings that scratched the clouds like the Flat Iron, the Chrysler Building or the Empire State and the Spanish capital did not want to be left behind. Madrid would try to have its own New York dream by installing in its center a mile and a half of its own version of Broadway that it adapted to the name. To make this, part of the old Madrid was destroyed and, in is the Red de San Luis, it was built the tallest building in Europe for several years. The Telefónica Building was built between 1926 and 1929 under the direction of architect Ignacio Cárdenas and based on Verizon Tower.