# 503 Canal Street, Manhattan

Hotel · built 2013 · Block 594, Lot 115.

On Umarelli: https://umarelli.org/nyc/1005940115/503-canal-street

More construction in SoHo: https://umarelli.org/nyc/manhattan/soho.md

Every lot on block 594: https://umarelli.org/nyc/manhattan/594.md

## Building permits

- Alteration, filed Nov 12, 2025, estimated cost $25K, described as “Mechanical system replacement in kind”
- Alteration, filed Sep 23, 2025, described as “IRA to assist with Condition Assessment.”
- Alteration, filed Oct 17, 2024, estimated cost $15K, described as “Installation of temporary tent structure within existing courtyard. No change in use, egress or occupancy.”
- Alteration, filed Jan 5, 2023, estimated cost $15K, described as “Modifications to the plumbing & sprinkler fixtures on the 11th FL. No change of use, egress of occupancy.”
- Alteration, filed Jan 5, 2023, estimated cost $60K, described as “Modification to the Mechanical system on the 11th FL. No change of egress, use or occupancy.”
- Alteration, filed Dec 23, 2022, estimated cost $75K, described as “Minor renovation 11th FL, ARLO SOHO space built out walls and floors. No change to use, egress or occupancy.”
- Alteration, filed Aug 12, 2022, estimated cost $10K, described as “Alteration-application filed herewith for facade repair on veneer brick . No change to occupancy, use,or egress.”
- Alteration, filed Jul 19, 2022, estimated cost $3K, described as “Installation of heavy duty sidewalk shed during bldg alteration, filed sep. Sidewalk shed shall comply with ch #33 of the NYC bc. No change in use, occupancy or egress under this application.”
- Alteration, filed Mar 17, 2022, estimated cost $54K, described as “Conversion of two separate existing hotel rooms into a one larger hotel room on floors 6 thru 8. This will be a reduction in guestrooms thus will not impact egress.”
- Alteration, filed Mar 17, 2022, estimated cost $18K, described as “Modifications to plumbing fixtures and related piping to bathrooms from 6th thru 8th floors as shown on plans.”
- Alteration, filed Jul 14, 2021, estimated cost $10K, described as “Installation of wooden temporary structure within existing courtyard. No change in use, egress or occupancy as shown on drawings filed herewith.”

## Property taxes

- Assessment: $29,670,300
- 2026–27 tax: $3,044,858
- Market value (city estimate): $65,934,000
- Taxable value: $28,068,378
- Assessed land: $3,742,200
- Assessed improvements: $25,928,100

## Zoning

C6-2A: floor area ratio 6.53 built, above the 6.02 base zoning allows, which bonuses, transfers or older rules can permit.

## Flood zone

Current FEMA flood map: zone AE, high risk: a 1% chance of flooding each year, base flood elevation 10 ft (NGVD29). FEMA’s preliminary map: zone AE, high risk: a 1% chance of flooding each year, base flood elevation 11 ft (NAVD88).

## Board and land use applications

- Appeal (Board of Standards and Appeals 191-99-A): Appeal, Granted, filed Sep 13, 1999, decided Mar 28, 2000. An appeal challenging a determination of the Borough Commissioner dated Angust 12, 1999, which states that subject premises (public parking garage), is occnpied in accordance with the Certificate of Occupancy.

From New York City and Jersey City public records, refreshed within a day of each release. Sources: https://umarelli.org/sources. Methodology and corrections: https://umarelli.org/methodology