# 135 West 50th Street, Manhattan

Commercial · built 1963 · Block 1003, Lot 5.

On Umarelli: https://umarelli.org/nyc/1010030005/135-west-50-street

More construction in Midtown West: https://umarelli.org/nyc/manhattan/midtown-west.md

## Building permits

- Major Renovation — Conversion, filed May 12, 2026, estimated cost $2.8M, 32 units added, 23 stories, described as “MPP Project-000000631 - Please assign to MPP examiner. Filing for Article 1 Chapter conversion of the 12th floor from commercial to residential use as shown. No change to the rest of the building.”
- Alteration, filed Nov 8, 2024, described as “Installation of suspended scaffold for facade work or inspection”
- Alteration, filed Aug 13, 2024, described as “IRA to assist with. Condition Assessment”
- Alteration, filed Jan 4, 2024, described as “Renewal of SR23/1844”
- Alteration, filed Jun 27, 2023, estimated cost $4K, described as “Installation of temporary overhead protection as per plans. No change in use, egress or occupancy.”
- Alteration, filed Jun 19, 2023, estimated cost $5K, described as “Installation of 300 psf sidewalk shed as per plans. Sidewalk shed shall comply with chapter #33 of the 2022 code. No change in use, egress or occupancy under this application.”
- Alteration, filed Jun 7, 2023, described as “Installation of temporary pipe scaffold as per plans. No change in use, egress or occupancy.”
- Alteration, filed Feb 7, 2023, described as “Installation of temporary plywood fence as per plan. No change in use,egress or occupancy.”
- Alteration, filed Oct 25, 2022, estimated cost $950K, described as “Interior demolition of floors 5, 6, 12, 13 and 14”
- Alteration, filed Oct 24, 2022, estimated cost $40K, described as “Demolition of existing mechanical systems and equipment.”
- Alteration, filed Oct 24, 2022, estimated cost $110K, described as “Demolition of pantries, ADA & core restrooms; Disconnecting the sprinkler systems serving the space and replacing them with temporary sprinkler loops around the core.”
- Alteration, filed Oct 17, 2022, estimated cost $470K, described as “Demising wall, and exit storefront retail door addition. Approximate scope size 1557 sf. No change in use, egress or occupancy.”
- Alteration, filed Oct 13, 2022, estimated cost $23K, described as “Removal of bathroom and abandoned piping.Providing future cold water sanitary & vent connections in new space. No change to use, egress or occupancy.”
- Alteration, filed Oct 13, 2022, estimated cost $23K, described as “Temporary sprinkler head.New sprinkler main from street pressure. No change to use, egress or occupancy.”
- Alteration, filed Oct 13, 2022, estimated cost $210K, described as “Full mechanical demolition of existing space, and installing (1) 11 T water cooled AC unit. No change to use, egress or occupancy.”
- Alteration, filed Sep 12, 2022, estimated cost $10K, described as “Install sprinkler heads at first floor on existing sprinkler system. no change to use, egress or occupancy.”
- Alteration, filed Sep 2, 2022, estimated cost $3K, described as “Install exterior illuminated wall sign (urban hawker)”
- Alteration, filed Sep 2, 2022, estimated cost $5K, described as “Install exterior illuminated wall sign (urban hawker)”
- Alteration, filed Aug 25, 2022, estimated cost $900K, described as “Facade repairs as per plans filed herewith. No change to use, egress, or occupancy.”
- Alteration, filed Aug 3, 2022, estimated cost $205K, described as “Full floor interior soft demolition, architectural and MEP, of the 15th floor. Slab opening infill upon removal of inter-communicating staircase on floor 16.”
- Alteration, filed Aug 2, 2022, estimated cost $5K, described as “Removal of pantry and ADA restroom and all associated fixtures. Installation of floor drain and heat trace in core restroom”
- Alteration, filed Aug 2, 2022, estimated cost $25K, described as “Infill of Existing Stair Opening. No change to use, egress or occupancy.”
- Alteration, filed Aug 2, 2022, estimated cost $20K, described as “Modification to existing Sprinkler system as per plans filed herewith. No change in use, egress or occupancy under this application”
- Alteration, filed Aug 2, 2022, estimated cost $15K, described as “Mechanical demolition of the 15th floor.”
- Alteration, filed May 31, 2022, estimated cost $414K, described as “Installation of new sinks, water heaters, and jewelry work stations. Modification to existing Sprinkler system and existing standpipe system as per plans filed herewith.. no change in use, occupancy or egress.”

59 more, older permits are in this building’s full list on the map: https://umarelli.org/nyc/1010030005/135-west-50-street.

## Property taxes

- Assessment: $178,203,150
- 2026–27 tax: $18,213,425
- Market value (city estimate): $396,007,000
- Taxable value: $167,896,618
- Assessed land: $37,350,000
- Assessed improvements: $140,853,150

## Zoning

C6-6.5 (part of the lot is C6-7): floor area ratio 17.96 built, above the 12.00 base zoning allows, which bonuses, transfers or older rules can permit.

## Recent sales

- Dec 9, 2019: $285,000,000

Open-market sales since 2016, from the Department of Finance’s sales files.

## Flood zone

Current FEMA flood map: zone X, minimal flood hazard.

## Board and land use applications

- EQUITABLE TOWER WEST (City Planning P1983M0203): Completed, decided Nov 18, 1982

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