109 East 42nd Street, Manhattan
Hotel · built c. 1919 · Block 1280, Lot 30.
Building permits
- New Building — High-Rise, filed Mar 25, 2026, 95 stories, described as “MPP#385. Application filed to erect new building as per plans.”
- Demolition, filed Oct 15, 2026, estimated cost $200K, described as “Full demolition of Structure”
- Alteration, filed Dec 2, 2024, estimated cost $18K, described as “Decommission of existing vzw site. Remove equipment from existing equipment room on lower level # 2. Remove 4 antennas and 4 rrh from set back roof. No change in use, egress or occupancy. Original application # 121824044”
- Alteration, filed Mar 22, 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 Feb 24, 2023, estimated cost $10K, described as “Suspended scaffold as shown on plans”
- Alteration, filed Feb 9, 2023, estimated cost $1K, described as “Installation and use of temporarty supported scaffold as per plans filed herewith. No change in use, egress or occupancy.”
- Alteration, filed Sep 20, 2022, estimated cost $200K, described as “Facade repairs and roof repair. No change to use, occupancy or egress.”
- Alteration, filed Aug 25, 2022, estimated cost $5K, described as “Proposed installation of heavy duty sidewalk shed as per plans. Live load 300 lbs per square feet. Sidewalk shed shall comply with chapter #33 of the NYC building code. No change in use, occupancy, or egress under this application.”
Property taxes
- Assessment
- $115,953,300
- Market value (city estimate)
- $257,674,000
- Taxable value
- $0
- Assessed land
- $42,480,000
- Assessed improvements
- $73,473,300
Zoning
C5-3: floor area ratio 17.95 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
- Feb 28, 2020: $33,072,265, 1,028,194 sq ft, sold with other lots
- Dec 19, 2017: $13,000,000
Open-market sales since 2016, from the Department of Finance’s sales files.
Board and land use applications
- 175 Park Avenue (City Planning 2020M0297): Special permit, Zoning text change, Certification, Completed, filed May 12, 2021, decided Dec 15, 2021. A zoning text amendment (ZR), special permits (ZS), certifications (ZC) and disposition of City-owned property (PP) to facilitate a new, 1,646' tall, 2.25 million sf office and hotel development, including approximately 1.9 million sf of…
- Greater East Midtown - Special Subdistrict (City Planning P2016M0316): Completed, decided Aug 15, 2017. This is an application by NYC Department of City Planning requesting a text amendment to establish the East Midtown Subdistrict and extend the Special Midtown District, and to rezone a half-block area from C5-2 to C5-3 to reinforce the…
- 175 Park Avenue - Terrace Certification (City Planning 2026M0343): Filed. A LD for chair approval pursuant to Section 4.01 of the Restrictive Declaration for 175 Park Avenue to confirm that the terrace detail drawings comply with the prescribed design requirements. This certification is being sought by Commodore…
In the news
Permits Filed for 175 Park Avenue Supertall Skyscraper in Midtown East, Manhattan, New York YIMBY, Apr 10, 2026.