207 West 40th Street, Manhattan
Hotel · built 2018 · Block 1012, Lot 29.
Building permits
- Alteration, filed Oct 27, 2025, estimated cost $3K, 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 Sep 15, 2025, estimated cost $2K, described as “Install non-illuminated sign on existing marquee (margaritaville)”
- Alteration, filed Sep 15, 2025, estimated cost $2K, described as “Install non-illuminated sign on existing marquee (margaritaville)”
- Alteration, filed Dec 11, 2024, estimated cost $19K, described as “Installation of new plumbing fixtures in an existing retail white box space for a new coffee shop on the first floor. No change in use, egress, or occupancy is involved under this application.”
- Alteration, filed Nov 17, 2024, estimated cost $3K, described as “Installation of an illuminated business accessory sign . No change in use, egress or occupancy.”
- Alteration, filed Nov 17, 2024, estimated cost $3K, described as “Installation of an illuminated business accessory sign . No change in use, egress or occupancy.”
- Alteration, filed Aug 30, 2024, estimated cost $8K, described as “Ground floor alteration type 2. Work limited to the tenant area only on approximately 5,000 gsf of retail ground floor. No change of use, egress, occupancy or zoning with application.”
- Alteration, filed Jul 16, 2024, estimated cost $34K, described as “Interior renovation on exist. Commercial space with, install new water source heat pump and duct work as per plan. No change in use, egress or occupancy.”
- Alteration, filed Jun 13, 2022, estimated cost $1K, described as “Erect illuminated accessory business marquee sign-d on the existing marquee structure #141003492, no change to use, egress or occupation”
- Alteration, filed Jun 13, 2022, estimated cost $2K, described as “Erect illuminated accessory business marquee sign-A2 on the existing marquee structure #141003483, no change to use, egress or occupation”
- Alteration, filed Jun 13, 2022, estimated cost $1K, described as “Erect illuminated accessory business marquee sign-e on the existing marquee structure #141003492, no change to use, egress or occupation”
- Alteration, filed Jun 13, 2022, estimated cost $2K, described as “Erect illuminated accessory business marquee sign-A1 on the existing marquee structure #141003483, no change to use, egress or occupation”
- Alteration, filed Apr 22, 2021, estimated cost $11K, described as “Installation of fill box, cooking oil tanks and lines as necessary”
- No Work, filed Apr 7, 2021
- No Work, filed Jan 5, 2021
- No Work, filed Jan 5, 2021
- No Work, filed Jan 5, 2021
- No Work, filed Jan 5, 2021
- No Work, filed Jan 5, 2021
- Alteration, filed Sep 30, 2020, 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 Aug 11, 2020, estimated cost $11K, described as “Install illuminated sign on exterior wall (margaritaville)”
- Alteration, filed Aug 11, 2020, estimated cost $5K, described as “Install non-illuminated sign on exterior wall (margaritaville)”
- Alteration, filed Aug 11, 2020, estimated cost $2K, described as “Install non-illuminated sign on exterior wall (landshark bar & grill)”
- Alteration, filed Aug 11, 2020, estimated cost $1K, described as “Install non-illuminated sign on existing marquee (margaritaville resort)”
- Alteration, filed Aug 11, 2020, estimated cost $2K, described as “Install non-illuminated sign on exterior wall (landshark bar & grill)”
3 more, older permits are in this building’s full list on the map.
Property taxes
- Assessment
- $29,690,100
- 2026–27 tax
- $2,905,929
- Market value (city estimate)
- $65,978,000
- Taxable value
- $26,787,690
- Assessed land
- $3,050,100
- Assessed improvements
- $26,640,000
Zoning
M1-9A/R12: floor area ratio 16.05 built, above the 15.00 base zoning allows, which bonuses, transfers or older rules can permit.
Flood zone
Current FEMA flood map: zone X, minimal flood hazard.
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…
- 560 Seventh Avenue (Neil Simon Theatre air rights) (City Planning P2014M0487): Completed, decided Aug 18, 2015. Certification pursuant to 81-744 to transfer development rights from a listed theater (Neil Simon Theatre) located at 250 W. 52nd Street to a receiving site located at 560 Seventh Avenue, CD 5, Manhattan.
In the news
Margaritaville Resort Times Square Debuts at 560 Seventh Avenue in Midtown, Manhattan, New York YIMBY, Aug 13, 2021.