88 University Place, Manhattan
Commercial · built c. 1906 · Block 569, Lot 24.
Building permits
- Alteration, filed Oct 15, 2026, estimated cost $861K, described as “Filing for renovations at the 1st, 6th and 7th floors. Work includes removal interior non load bearing partitions, doors, finish work. No change to use, egress or occupancy.”
- Alteration, filed Oct 2, 2026, estimated cost $3K, described as “Installation of a temporary Material storage per plan submitted. Work shall comply with 2022 building codes chapter 33. No change in use, egress and/or occupancy with this application.”
- Alteration, filed Aug 21, 2026, estimated cost $2K, described as “Installation of a temporarily supported scaffold per plan submitted. Work shall comply with 2022 building codes chapter 33. No change in use, egress and/or occupancy with this application.”
- Alteration, filed Jul 29, 2026, estimated cost $134K, described as “Filing for facade repair work for floors 001-011 as per plans filed herewith. No change in egress, use or occuancy.”
- Alteration, filed Jul 22, 2026, described as “Installation of a suspended scaffold for facade inspection/ repair as per plan submitted”
- Alteration, filed May 28, 2026, estimated cost $1.5M, described as “Interior partial work for office spaces at 3rd, 5th, 6th and 8th floors.”
- Alteration, filed Mar 24, 2026, estimated cost $8K, described as “Installation of a temporary heavy-duty sidewalk shed per plan submitted. Work shall comply with 2022 building codes chapter 33. No change in use, egress and/or occupancy with this application.”
- Alteration, filed Oct 14, 2025, estimated cost $5K, described as “Installation of pipe scaffolding per plans. Pipe scaffolding shall comply with chapter #33 of the 2022 code. No change in use, egress or occupancy under this application.”
- Alteration, filed Mar 9, 2023, estimated cost $20K, described as “Structural work for roof.”
- Alteration, filed Feb 28, 2023, estimated cost $100K, described as “Modification of existing sprinklers”
- Alteration, filed Jun 9, 2022, estimated cost $20K, described as “Alteration for construction to provide rooftop terrace for the building occupancy as an accessory use, new elevator stop and new elevator machine room.”
- Alteration, filed May 27, 2022, estimated cost $80K, described as “Interior renovation for the cellar, lobby first floor, and 11 floors renovation, non-load-bearing interior partitions, and installation of new partitions.”
- Alteration, filed May 2, 2022, estimated cost $30K, described as “Removal of boiler, burner and oil tank.”
- No Work, filed Apr 29, 2022
- Alteration, filed Dec 27, 2021, estimated cost $1.0M, described as “Interior renovation of floors 2 through 10. Renovation will include layout changes, removal of non-load bearing interior partitions, installation of new interior partitions, general construction and improvement of office spaces.”
- Alteration, filed Nov 4, 2021, estimated cost $5K, described as “Install temporary construction fence in conjunction with construction application # M00542418”
- Alteration, filed Sep 14, 2021, estimated cost $8K, described as “Relocate sprinkler heads as plan on existing restaurant sprinkler application in conjunction with OT application #: M00542418”
- Alteration, filed Aug 19, 2021, estimated cost $22K, described as “Installation of temporary supported scaffold per plan submitted. Work shall comply with 2014 building codes chapter 33. No change in use, egress and/or occupancy with this application.”
- Alteration, filed Jul 30, 2021, estimated cost $497K, described as “9th Cycle facade repair program. No change to use, egress or occupancy.”
- Alteration, filed Jun 21, 2021, estimated cost $120K, described as “Interior renovation of existing restaurant as per plan, new finishes, painting and new flooring. new HVAC system and duct work. New kitchen hood, exhaust and make-up air duct with blower. no change of use, occupancy or egress.”
- Alteration, filed Jun 21, 2021, estimated cost $57K, described as “New plumber fixture as per plan; no change of use or egress”
- Alteration, filed May 27, 2020, estimated cost $1K, described as “Installation of channel letters”
- Alteration, filed Mar 19, 2020, estimated cost $8K, described as “Installation of temporary sidewalk shed per plan submitted. Work shall comply with 2014 building codes chapter 33. No change in use, egress and/or occupancy with this application.”
- Alteration, filed Aug 30, 2019, estimated cost $5K, described as “Sprinkler work as shown on plans.”
- Alteration, filed Aug 30, 2019, estimated cost $18K, described as “Clean and service all existing hvac units and associated ducts. No new equipment.”
1 more, older permit is in this building’s full list on the map.
Property taxes
- Assessment
- $14,169,150
- 2026–27 tax
- $1,487,541
- Market value (city estimate)
- $31,487,000
- Taxable value
- $13,712,580
- Assessed land
- $747,000
- Assessed improvements
- $13,422,150
Zoning
C1-7 (part of the lot is C6-1): floor area ratio 10.47 built, above the 6.02 base zoning allows, which bonuses, transfers or older rules can permit.
Flood zone
Current FEMA flood map: zone X, minimal flood hazard.
Recent sales
- Mar 24, 2026: $46,000,000, 70,642 sq ft ($651 per sq ft)
- Nov 22, 2024: $7,022,504
- Sep 19, 2024: $7,022,504
- May 23, 2022: $31,088,605
Open-market sales since 2016, from the Department of Finance’s sales files.
Board and land use applications
- Union Square South (City Planning 2019M0123): Completed, decided Nov 4, 2020. This is an application by the Department of City Planning requesting a zoning map and zoning text amendment to expand the Special Union Square District, create a new subdistrict (Subdistrict B), and establish a special permit for new hotel…
- OSSO BUCCO (City Planning P1997M0563): Completed, decided Dec 20, 1996. NEW-UNENCLOSED SIDEWALK CAFE WITH 14 SEATS