221 West 41st Street, Manhattan
Commercial · built c. 1921 · Block 1013, Lot 42.
Building permits
- Alteration, filed Sep 28, 2026, described as “Installation of suspended scaffold & material hoist for exterior wall modifications and inspection. Suspended scaffold & material hoist shall comply with chapter 33 of the 2022 NYC bc. No change in use, egress or occupancy under this…”
- Alteration, filed Jul 27, 2026, described as “Installation of temporary pipe scaffold as per plan. No change in use, egress, or occupancy.”
- Alteration, filed May 7, 2026, estimated cost $959K, described as “Exterior wall modifications per plans. No change in use occupancy or egress.”
- Alteration, filed Dec 18, 2025, estimated cost $1K, described as “Removal of sprinkler heads and installation of temporary core sprinkler protection.”
- Alteration, filed Aug 2, 2025, estimated cost $26K, described as “Installation of pipe scaffolding as per plans. Pipe scaffold shall comply with chapter #33 of the 2022 code. No change in use, egress or occupancy under this application.”
- Alteration, filed Jul 23, 2025, estimated cost $6K, described as “Interior illuminated (led) advertising holographic sign with changeable copy - in property lines - not adjacent to arterial highway. No change of use, egress or occupancy.”
- Alteration, filed Jul 23, 2025, estimated cost $5K, described as “Interior illuminated (led) advertising holographic sign with changeable copy - in property lines - not adjacent to arterial highway. No change of use, egress or occupancy.”
- Major Renovation — Conversion, filed May 15, 2025, estimated cost $29.6M, 192 units added, 25 stories, described as “Filed pursuant to article i, chapter v of the NYC zoning resolution and article 7B of the nys multiple dwelling law for residential conversion including partial demolition and permitted reconstruction of non-compliant bulk (per ZR 54-41).”
- Alteration, filed May 2, 2025, estimated cost $20K, described as “Directly illuminated (led) advertising sign on marquee (marquee filed under 103215209) with changeable copy. Not adjacent to arterial highway. (sign b)”
- Alteration, filed May 2, 2025, estimated cost $20K, described as “Directly illuminated (led) advertising sign on marquee (marquee filed under 103215209) with changeable copy. Not adjacent to arterial highway. (sign c)”
- Alteration, filed May 2, 2025, estimated cost $20K, described as “Directly illuminated (led) advertising sign on marquee (marquee filed under 103215209) with changeable copy. Not adjacent to arterial highway. (sign a)”
- Alteration, filed May 1, 2025, estimated cost $20K, described as “Structural work filed in conjunction with existing marquee (103215209)”
- Alteration, filed Feb 7, 2025, estimated cost $505K, described as “Miscellaneous repairs including replacement of brick masonry, repair of natural stone, replacement of terracotta, repair of steel structure, and waterproofing. No change in use egress or occupancy.”
- Alteration, filed Feb 5, 2025, described as “Installation of suspended scaffolding for facade inspection/repairs.”
- Alteration, filed Oct 29, 2024, described as “Rigging for Industrial Rope Access”
- Alteration, filed Sep 24, 2024, estimated cost $1K, described as “Installation of temporary heavy duty sidewalk shed as per plans. No change in use, egress or occupancy. Sidewalk shed shall comply with chapter #33 of 2022 the NYC building code. Live load 300PSF.”
- Alteration, filed Aug 26, 2024, described as “FISP INSPECTION (Facade Inspection Safety Program) INDUSTRIAL ROPE ACCESS TECHNIQUES AND METHODSSEE ATTACHED PLANS Designated Primary Site supervisor: Jesus Decola”
- Alteration, filed Jun 14, 2023, estimated cost $75K, described as “Interior renovation of eating & drinking establishment. No change in use, occupancy or egress.”
- No Work, filed Mar 16, 2023, described as “Daily dining for Humanitarian Emergency Response and Relief Center at the Candler Building Site (4th Floor) pursuant to emergency executive order #230.”
- Alteration, filed Feb 28, 2023, estimated cost $160K, described as “Sprinkler work filed in conjunction with a Temporary Use Permit (TUP) for asylum seeker respite center pursuant to emergency executive order #230.”
- Alteration, filed Feb 28, 2023, estimated cost $134K, described as “Plumbing work filed in conjunction with a Temporary Use Permit (TUP) for asylum seeker respite center pursuant to emergency executive order #230.”
- Alteration, filed Feb 14, 2023, estimated cost $350K, described as “Application file for GC work in conjunction with a Temporary Use Permit (TUP) for asylum seeker respite center pursuant to emergency executive order #230. Interior renovation at 3rd-23rd floor of existing building.”
- Alteration, filed Dec 30, 2019, estimated cost $45K, described as “Filing herewith drawings indicating the mechanical work on the cellar and Lobby. No change in use, egress, or occupancy under this application.”
- Alteration, filed Dec 30, 2019, estimated cost $25K, described as “Filing herewith drawings indicating the modification to the existing sprinkler system in the Lobby. No change in use, egress, or occupancy under this application.”
- Alteration, filed Sep 6, 2018, described as “Installation of pipe scaffold as per plans. No change in use, egress or occupancy.”
1 more, older permit is in this building’s full list on the map.
Property taxes
- Assessment
- $52,259,400
- 2026–27 tax
- $5,483,104
- Market value (city estimate)
- $116,132,000
- Taxable value
- $50,544,840
- Assessed land
- $14,400,000
- Assessed improvements
- $37,859,400
Zoning
C6-7 (part of the lot is C6-6.5): floor area ratio 23.28 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.
Recent sales
- Mar 17, 2022: $161,109,000
Open-market sales since 2016, from the Department of Finance’s sales files.
Board and land use applications
- 220 West 42nd Street Hotel Special Permit (City Planning 2023M0271): Special permit, Noticed, filed Feb 26, 2024. This is a private application by Yellowstone Real Estate Investments for a hotel special permit pursuant to Section 74-152 to facilitate a development at 220 West 42nd Street in Manhattan, Community District 5.
In the news
$203 Million Secured For Redevelopment Of 221 West 41st Street In Midtown, Manhattan, New York YIMBY, Apr 1, 2026.