401 7th Avenue, Manhattan
Condominium · built c. 1917 · Block 808, Lot 7501.
Building permits
- Alteration, filed Jan 4, 2024, estimated cost $150K, described as “Dismantling of remaining line of steel framing in conjunction with alt co M00553790.”
- Alteration, filed Aug 26, 2022, estimated cost $3K, described as “Temporary shoring below sidewalk level as per drawings. Shoring shall comply with ch #33 of the NYC bc. No change in use, occupancy or egress under this application.”
- Alteration, filed Jun 6, 2022, described as “Installation of temporary pipe scaffold as per plans. No change in use, egress or occupancy.”
- Alteration, filed May 17, 2022, estimated cost $15K, described as “Cars 3&4: installation of dual 4500# capacity personnel/material hoists during bldg alteration filed sep. Hoists shall comply with ch #33 of the NYC bc. No change in use, occupancy or egress under this application. Elev appl sub to elev…”
- Alteration, filed Mar 16, 2022, estimated cost $40K, described as “Partial demo of exterior wall and floor slab to create wall and floor openings needed for the installation of the construction hoist as per plans filed herewith.”
- Alteration, filed Mar 8, 2022, estimated cost $60K, described as “Rigging and dismantling for the removal of elevator cars 1-12.”
- Alteration, filed Feb 24, 2022, estimated cost $5.0M, described as “Means and methods of demolition for the partial demolition of the 25-story hotel pennsylvania. Ground floor and cellar levels to remain. This application is filed in conjunction with the major alteration M00553790.”
- Alteration, filed Feb 9, 2022, estimated cost $100K, described as “Shoring and plating at ground floor (lobby) and shoring at sub-basement 1 (lower level), including sidewalk vaults, to create truck drive-thru at east side of building, as per plans filed herewith.”
- Alteration, filed Jan 31, 2022, estimated cost $100K, described as “Means and methods of demolishing portions of floor slabs for the installation of metal debris chutes at 401 7TH avenue from the 19TH floor to the lobby as per plans filed herewith.”
- Alteration, filed Jan 24, 2022, estimated cost $4K, described as “Installation of temporary scaffold as per drawings. Scaffold shall comply with ch #33 of the NYC bc. No change in use, occupancy or egress under this application.”
- Alteration, filed Jan 24, 2022, estimated cost $5K, described as “Installation of heavy duty sidewalk shed during bldg alteration, filed sep. Shed shall comply with ch #33 of the NYC bc. No change in use, occupancy or egress under this application. Shed to be installed on roadway at 7TH avenue. Dot…”
- Alteration, filed Jan 24, 2022, estimated cost $2K, described as “Installation of plywood fence as per drawings. Plywood fence shall comply with ch #33 of the NYC bc. No change in use, occupancy or egress under this application. Fence shall be installed on sidewalk/roadway. Dot permits by others.”
- Alteration, filed Jan 24, 2022, estimated cost $20K, described as “Installation of dual 6000 # capacity personnel/material hoists during bldg alteration, filed sep. Hoists shall comply with ch #33 of the NYC bc. No change in use, occupancy or egress under this application. Elevator application submitted…”
- Alteration, filed Jan 21, 2022, estimated cost $100K, described as “Installation of steel debris chute as per plans filed herewith. Use of debris chute during demolition, filed separately.”
- Alteration, filed Jan 21, 2022, estimated cost $20K, described as “Installation of temporary debris chute as per drawings. Debris chute shall comply with ch #33 of the NYC bc. No change in use, occupancy or egress under this application.”
- Alteration, filed Dec 22, 2021, estimated cost $100K, described as “Hereby filing canopy removals for construction means and methods as shown on plans filed herewith. No change to occupancy, egress, or use.”
- Alteration, filed Oct 13, 2021, estimated cost $749K, described as “Use of mechanical demolition equipment during interior non-structural demolition (M00526991 & M00537360) and partial structural demolition (M00644926), filed separately. This application is for the use of the mechanical demo equipment.”
- Alteration, filed Sep 16, 2021, estimated cost $1.0M, described as “Hereby filing structural demo and framework for lower levels in conjunction with Alt-1#M00553790 as shown on plans filed herewith.”
- Alteration, filed Aug 23, 2021, estimated cost $600K, described as “Hereby filing to modify standpipe system and remove/install sprinkler heads in conjuction with alt-1#M00553790 as shown on plans filed herewith.”
- Alteration, filed Aug 20, 2021, estimated cost $600K, described as “Hereby filing to remove and install plubming fixtures in conjuction with alt-1 M00553790 as shown on plans filed herewith.”
- Alteration, filed Aug 20, 2021, estimated cost $300K, described as “Hereby filing to install mechancial units and associated ductwork in conjuction with #M00553790 as shown on plans filed herewith.”
- Alteration, filed Aug 17, 2021, estimated cost $35.0M, described as “Hereby filing to remove upper floors to reduce the existing building to a one story retail building, change the use for underground levels and establish outdoor assembly space as shown on plans filed herewith.”
- Alteration, filed Aug 12, 2021, estimated cost $675K, described as “Hereby filing interior removals of mechancial untis and associated ductwork/piping as shown shown on plans filed herewith. No chagne to use, occupancy or egress.”
- Alteration, filed Aug 12, 2021, estimated cost $425K, described as “Hereby filing to remove plumbing fixtures, sprinkler heads and related piping as shown on plans filed herewith. No change to use, occupancy or egress.”
- Alteration, filed Aug 5, 2021, estimated cost $6.3M, described as “Hereby filing interior removals as shown on plans filed herewith. No change to use, occupancy or egress.”
23 more, older permits are in this building’s full list on the map.
Property taxes
- Assessment
- $29,465,100
- 2026–27 tax
- $3,108,918
- Market value (city estimate)
- $65,478,000
- Taxable value
- $28,658,907
- Assessed land
- $28,420,200
- Assessed improvements
- $1,044,900
- Condo units with their own tax lots
- 2
Zoning
C6-6: floor area ratio 1.93 built, 15.00 allowed by base zoning.
Flood zone
Current FEMA flood map: zone X, minimal flood hazard.
Board and land use applications
- Change to an earlier grant (Board of Standards and Appeals 757-89-BZ): Change to an earlier grant, Granted, filed Oct 5, 2006, decided Dec 5, 2006. Extension of Term and waiver of the rules for a Special Permit (§73-36) to allow a Physical Cultural Establishment in a C6-4.5 zoning district within the Midtown Special District.
- 15 Penn Plaza Special Permit Renewal II (City Planning P2017M0432): Completed. Second renewal of two special permits granted in 2010 for bulk modifications and a bonus for subway improvements at 15 Penn Plaza.
- 15 Penn Plaza renewal (City Planning P2014M0527): Completed, decided Feb 20, 2015. Renewal of the special permit 100049ZSM for a new development located at 15 Penn Plaza, CD 5, Manhattan.
- BALLY FITNESS CLUBS, INC. (City Planning P1986M1158): Completed. 86-248M: MAINTAIN A PHYSICAL CULTURE ESTABILISHMENT WITH A PORTION OF AN EXISTING BUILDING. TB808. TL1.
- 15 PENN PLAZA (City Planning P2010M0028): Completed, decided Aug 31, 2010. 09DCP019M: PROPOSES TO REDEVLOP THE CURRENT SITE OF THE HOTEL PENNSYLVA NIA WITH A NEW COMMERCIAL OFFICE BUILDING
- 15 PENN PLAZA (City Planning P2010M0153): Completed, decided Aug 31, 2010. ACQ PERMANENT EASEMENTS TO CONSTRUCT TRANSIT ENTRANCES (RELATED TO: 100048 ZRM, 100049 ZSM, 100050 ZSM)
In the news
Redesign Revealed for PENN15 Office Supertall at 15 Penn Plaza in Midtown, Manhattan, New York YIMBY, Sep 3, 2026.