1186 Broadway, Manhattan
Hotel · built c. 1904 · Block 830, Lot 54.
Building permits
- Alteration, filed Nov 3, 2026, estimated cost $464K, described as “Masonry repairs, including terra cotta replacement and in-situ repairs, brick masonry repairs, masonry repointing,structural steel repairs per plans filed. No change in occupancy, use or egress.”
- Alteration, filed Sep 8, 2026, described as “Suspended Scaffold for Facade Restoration as Shown on Plans”
- No Work, filed Apr 9, 2026
- Alteration, filed Mar 27, 2026, estimated cost $93K, described as “Plumbing work including removal of existing plumbing and installation of new sanitary, vent, and domestic col/ hot water piping for work associated with new and relocation of fixtures at cellar and sub-cellar. No change to use, egress, or…”
- Alteration, filed Mar 24, 2025, estimated cost $175K, described as “Replace (2) modular chillers as per plans. No change in use, occupancy or egress.”
- Alteration, filed Dec 4, 2024, estimated cost $5K, described as “Installation of a temporarily 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 Jul 21, 2024, described as “Facade Inspection”
- Alteration, filed Jul 18, 2024, estimated cost $1K, described as “Installation of overhead protection in accordance with nycc 2022 chapter 33 building code. No change in egress, use, or occupancy.”
- Alteration, filed Feb 7, 2023, estimated cost $181K, described as “Facade restoration. No change in egress, use or occupancy.”
- Alteration, filed Dec 13, 2022, estimated cost $10K, described as “Alteration of the 6TH, 9TH, 10TH and 12TH floors for the addition of new storage closets, construction work only. No change in use, egress or occupancy.”
- Alteration, filed Jun 9, 2022, estimated cost $1K, described as “Installation of sidewalk shed for pedestrian safety during construction. Sidewalk shed shall comply with nycc 2014 chapter 33. No change in egress, use, or occupancy.”
- Alteration, filed Jan 24, 2022, estimated cost $350K, described as “Commercial interior alterations. Erect minor interior partitions, install new finishes. Associated plumbing & mechanical work to be filed under subsequent "S1" & "S2" applications. No change to egress, occupancy, or use.”
- No Work, filed Jan 14, 2020, described as “TPA being requested for The Ace Hotel Milk Bar / Restaurant; 1/30/2020 to 4/28/2020; Maximum occupant load not to exceed 150 people with 2 fireguards circulating. Hours of operation are listed in the comments section.”
- No Work, filed Oct 1, 2019, described as “TPA being requested for The Ace Hotel Milk Bar / Restaurant; 11/1/2019 to 1/29/2020; Maximum occupant load not to exceed 150 people with 2 fireguards circulating. Hours of operation are listed in the comments section.”
Property taxes
- Assessment
- $34,382,250
- 2026–27 tax
- $3,340,713
- Market value (city estimate)
- $76,405,000
- Taxable value
- $30,795,660
- Assessed land
- $5,625,000
- Assessed improvements
- $28,757,250
Zoning
M1-8A/R12: floor area ratio 11.92 built, 15.00 allowed by base zoning.
Flood zone
Current FEMA flood map: zone X, minimal flood hazard.
Landmarks
Part of Madison Square North Historic District (Historic District). 45 Landmarks Preservation Commission permits are on file.
Board and land use applications
- Midtown South Mixed-Use Plan (MSMX) (City Planning 2024M0142): Zoning map change, Zoning text change, Completed, filed Jan 16, 2025, decided Aug 14, 2025. The Department of City Planning is seeking a Zoning Map amendment from M1-6 and M1-6D to M1-9A/R12, M1-8A/R12, and M1-8A/R11 and a Zoning Text amendment to facilitate the development of housing and support critical economic activity across…
- Flatiron BID Expansion (City Planning 2021M0260): Business improvement district, Completed, filed Nov 30, 2020, decided May 19, 2021. An application from the Small Business Services (SBS) on behalf of the Flatiron Business Improvement District (BID) to modify the existing plan and expand the BID in Community Districts 4 and 5 of Manhattan.
- BROADWAY BRESLIN (City Planning P1989M0947): Completed. 89-085M: BSA VAR FOR A 12-STORY NON-CONFORMING CLASS B MULTIPLE DWELLING WITH NON-RESIDENTIAL USES ON THE 1ST-3RD FLOORS & PENTHOUSE FLOORS WITH APPROX 28,000 SF