# 47 West 42nd Street, Manhattan

Commercial · built c. 1906 · Block 1258, Lot 1.

On Umarelli: https://umarelli.org/nyc/1012580001/47-west-42-street

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

## Building permits

- Alteration, filed Oct 26, 2026, estimated cost $320K, described as “General construction related to interior office renovation at the floors 8TH & 9TH, including demo of existing & construction of new partitions, finishes, doors, ceiling as indicated on plans filed herewith. No change of use, egress or…”
- Alteration, filed Jun 24, 2026, described as “Installation of temporary suspended scaffolds per plan submitted. Work shall comply with 2022 building code chapter 33. No change in use, egress and/or occupancy with this application.”
- No Work, filed May 28, 2026, described as “Cocktail reception with Lounge seating.”
- No Work, filed Apr 8, 2026, described as “TPA at 1st floor starting April 9th through July 7th (90 days) from 7AM to 10PM Mon - Fri and 9AM to 10PM Sat - Sun, with 105 persons and 2 fire guards to be present.”
- Alteration, filed Dec 30, 2025, estimated cost $1.0M, described as “Modification to existing HVAC system as per plans filed herewith. No change in use, egress or occupancy under this application.”
- No Work, filed Nov 25, 2025, described as “TPA at 1st floor starting December 8th, 2025 through March 7th, 2026 (90 days) with 105 persons and 2FGs to be present. (Times will be Monday through Friday, 7am - 10pm and Saturday and Sunday, 9am to 10pm.”
- No Work, filed Sep 25, 2025, described as “Intern Celebration”
- Alteration, filed Jul 23, 2025, estimated cost $9K, described as “Non-illuminated non-advertising accessory wall sign - in property lines - fauchon paris. No change of use, egress or occupancy.”
- Alteration, filed Jul 23, 2025, estimated cost $9K, described as “Non-illuminated non-advertising accessory wall sign - fauchon paris. No change of use, egress or occupancy.”
- No Work, filed May 13, 2025, described as “Internal happy hour event at the 2 Bryant Park Financial Center.”
- No Work, filed Apr 30, 2025, described as “Celebration of our grand opening of our new Two Bryant Park Financial Center.”
- No Work, filed Apr 30, 2025, described as “Food and Beverage: beer, wine, soft drinks and stationed food ; Happy Hour event”
- Alteration, filed Apr 9, 2025, estimated cost $4.2M, described as “Modification of non-loadbearing partitions and interior fit out. No change in use or occupancy.”
- Alteration, filed Apr 4, 2025, estimated cost $4K, described as “Structural Steel Support of Operable Partitions”
- Alteration, filed Apr 4, 2025, estimated cost $1.1M, described as “Modification to existing Plumbing fixtures, Sprinkler System, and Standpipe system as per plans filed herewith; No change to use, egress or occupancy.”
- Alteration, filed Apr 4, 2025, estimated cost $19K, described as “Modification to existing HVAC system as per plans filed herewith. No change in use, egress or occupancy under this application.”
- Alteration, filed Feb 19, 2025, estimated cost $4.2M, described as “General Construction filed here with, no change to egress, use or occupancy.”
- No Work, filed Jan 23, 2025
- Alteration, filed Nov 1, 2024, estimated cost $3K, described as “Erect illuminated accessory business wall sign; copy reading "bank of america with flag logo"”
- Alteration, filed Sep 24, 2024, estimated cost $3K, described as “Erect illuminated accessory business wall sign; copy reading "bank of america with flag logo"”
- Alteration, filed Sep 24, 2024, estimated cost $3K, described as “Erect illuminated accessory business wall sign; copy reading "bank of america with flag logo"”
- Alteration, filed Sep 24, 2024, estimated cost $3K, described as “Erect illuminated accessory business wall sign; copy reading "bank of america with flag logo"”
- Alteration, filed Aug 13, 2024, estimated cost $2K, described as “Temporary placement of a mini crane to hoist and set facade panels and related materials”
- Alteration, filed May 30, 2024, estimated cost $8K, described as “Installation of a temporarily supported scaffold, heavy-duty sidewalk shed and construction fence 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 Apr 3, 2024, estimated cost $1.3M, described as “Modification to existing HVAC system as per plans filed herewith. No change in use, egress or occupancy under this application.”

70 more, older permits are in this building’s full list on the map: https://umarelli.org/nyc/1012580001/47-west-42-street.

## Property taxes

- Assessment: $127,800,000
- 2026–27 tax: $7,985,598
- Market value (city estimate): $284,000,000
- Taxable value: $120,868,850
- Assessed land: $19,350,000
- Assessed improvements: $108,450,000

## Tax breaks

- ICAP abatement, through Jun 30, 2034, a $5,126,254 credit this tax year.

## Zoning

C6-6: floor area ratio 16.22 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

- 47-61 W42ND ST (City Planning P1981M0141): Completed, decided May 18, 1982. ENLARGEMENT & RENOVATION OF OFFICE BLDG

## In the news

[Two Bryant Park’s Re-Cladding Wraps Up at 1100 Avenue of The Americas in Midtown, Manhattan](https://newyorkyimby.com/2021/08/two-bryant-parks-re-cladding-wraps-up-at-1100-avenue-of-the-americas-in-midtown-manhattan.html), New York YIMBY, Aug 23, 2021.

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