Saw this in the New York Times this morning. They had a story about New York and its Toys. It discussed how the Toy Industry Association was born. AC Gilbert was a big part of that but before his American Flyer Association. The group had its operations in a building on 23rd street and broadway.
The article included the following photo which shows the building on the left. Ineterestingly this photo in the center shows the former Gilbert Hall of Science which was on 25th street between Broadway and Fifth Avenue. To the right of the photo at 15 East 26th street was the headquarters of the Lionel Corporation. Dissapointingly, the article failed to mention Lionels and American Flyers long association with New York City's Toy Industry. Enjoy the photo.