NY Property Records

1 East 42 Street
Manhattan · New York County · 10017

Owner of record
OwnerThe Taipel Economic & Cultural, Ny
Assessment · 2025 roll
Land assessed$2,598,750
Total assessed$8,023,950
Est. annual tax$863,538 (2027, excl. special districts)
Building
StyleForeign Governments
Year built1927
Lot
Size0.11 acres (GIS)
Frontage × depth40 × 135 ft
Lot sq ft4,915
Zoning
DistrictC5-3
Special districtMiD
FAR12.69 built · 10.0 max residential · 15.0 max commercial · 15.0 max facility
Zoning map8d
Recorded documents · 73
SUNDRY MISCELLANEOUS Nov 30, 2022
party 1 Fifth@42nd LLC; Incline Management, L.P. +1
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PARTIAL RELEASE OF MORTGAGE Nov 16, 2011
party one Sovereign Bank
party two 323 Equities, LLC; Canal Associates, L.P. +2
View on ACRIS ↗
PARTIAL RELEASE OF MORTGAGE Nov 16, 2011
party one Sovereign Bank
party two 323 Equities, LLC; Canal Associates, L.P. +2
View on ACRIS ↗
Show all 73
AGREEMENT $12,600,000 Nov 16, 2011
party 1 Sovereign Bank
party 2 323 Equities, LLC; Canal Associates, L.P. +2
View on ACRIS ↗
AGREEMENT $5,000,000 Nov 16, 2011
party 1 Sovereign Bank
party 2 323 Equities, LLC; Canal Associates, L.P. +2
View on ACRIS ↗
RELEASE Jun 15, 2009
party 1 Republic Of Greece, Acting By And Through The
party 2 National Bank Of Greece, S.A.
View on ACRIS ↗
RELEASE Jun 15, 2009
party 1 Olympic Airways, S.A.
party 2 Atlantic Bank Of New York
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MORTGAGE AND CONSOLIDATION $90,500,000 Feb 6, 2007
mortgagor Fifth@42nd LLC
mortgagee Landesbank Hessen-Thuringen Girozentrale
View on ACRIS ↗
ASSIGNMENT OF LEASES AND RENTS $90,500,000 Feb 6, 2007
assignor Fifth@42nd LLC
assignee Landesbank Hessen-Thuringen Girozentrale
View on ACRIS ↗
AGREEMENT May 31, 2005
party 1 Olympic Funding LLC
party 2 The Taipei Economic And Cultural Office In Ny
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PARTIAL RELEASE OF MORTGAGE May 31, 2005
party one Independence Community Bank
party two Olympic Funding LLC
View on ACRIS ↗
AGREEMENT May 31, 2005
party 1 Olympic Funding LLC
party 2 The Taipei Economic And Cultural Office In Ny
View on ACRIS ↗
TERMINATION OF LEASE OR MEMO May 31, 2005
lessor Olympic Funding LLC
lessee The Taipei Economic And Cultural Office In Ny
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DEED $30,000,000 May 31, 2005
grantor/seller Olympic Funding LLC
grantee/buyer The Taipei Economic And Cultural Office In Ny
View on ACRIS ↗
TERMINATION OF ASSIGN OF L&R May 31, 2005
party one Independence Community Bank
party two Olympic Funding LLC
View on ACRIS ↗
MEMORANDUM OF LEASE Aug 17, 2004
lessor Olympic Funding LLC
lessee The Taipei Economic And Cultural Of Office In N Y
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ZONING LOT DESCRIPTION Feb 3, 2004
party one Stawski, Moniek
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ZONING LOT DESCRIPTION Feb 3, 2004
party one Wachovia Bank, National Association
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ZONING LOT DESCRIPTION Feb 3, 2004
party one Independence Community Bank
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DECLARATION Feb 3, 2004
party 1 509 Owners LLC; Fifth @ 42nd LLC +1
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DEVELOPMENT RIGHTS $968,670 Feb 3, 2004
party one Olympic Funding LLC
party two Fifth @ 42nd LLC
View on ACRIS ↗
MORTGAGE $1,445,239 Jan 30, 2004
mortgagor/borrower 323 Equities, LLC; Canal Associates, L.P. +1
mortgagee/lender Independence Community Bank
View on ACRIS ↗
AGREEMENT $16,350,000 Jan 30, 2004
party 1 Independence Community Bank
party 2 323 Equities, LLC; Canal Associates, L.P. +1
View on ACRIS ↗
ASSIGNMENT OF LEASES AND RENTS $16,350,000 Jan 30, 2004
assignor Independence Community Bank
assignee 323 Equities, LLC; Canal Associates, L.P. +1
View on ACRIS ↗
AGREEMENT $5,000,000 Jan 30, 2004
party 1 Independence Community Bank
party 2 323 Equities, LLC; Canal Associates, L.P. +1
View on ACRIS ↗
AGREEMENT $19,904,761 Jan 30, 2004
party 1 Independence Community Bank
party 2 Olympic Funding LLC
View on ACRIS ↗
MORTGAGE $14,904,761 Jan 30, 2004
mortgagor/borrower Olympic Funding LLC
mortgagee/lender Independence Community Bank
View on ACRIS ↗
TERMINATION OF ASSIGN OF L&R Jan 30, 2004
party one Atlantic Bank Of New York
party two Olympic Airways, S.A.
View on ACRIS ↗
ASSIGNMENT, MORTGAGE Jan 30, 2004
assignor/old lender National Bank Of Greece, S.A.
assignee/new lender Independence Community Bank
View on ACRIS ↗
DEED, OTHER $16,800,000 Jan 30, 2004
grantor The Republic Of Greece
grantee Olympic Funding LLC
View on ACRIS ↗
SATISFACTION OF MORTGAGE Jun 22, 2001
mortgager/borrower Carnegie Manhattan Partners
mortgagee/lender Mutual Benefit Lifeinsurance Company
View on ACRIS ↗
DEED Mar 2, 2001
grantor/seller Olympic Airways, S.A.
grantee/buyer Republic Of Greece
View on ACRIS ↗
MORTGAGE $12,000,000 Mar 2, 2001
mortgagor/borrower Republic Of Greece
mortgagee/lender National Bank Of Greece S.A.
View on ACRIS ↗
ASSIGNMENT, MORTGAGE Mar 2, 2001
assignor/old lender Atlantic Bank Of Newyork
assignee/new lender National Bank Of Greece S.A.
View on ACRIS ↗
AGREEMENT Mar 2, 2001
party 1 Republic Of Greece
party 2 National Bank Of Greece S.A.
View on ACRIS ↗
ASSIGNMENT, MORTGAGE Dec 11, 2000
assignor/old lender Olympic Airways, S.A.
assignee/new lender Atlantic Bank Of Newyork
View on ACRIS ↗
MORTGAGE $10,000,000 Dec 11, 2000
mortgagor/borrower Olympic Airways, S.A.
mortgagee/lender Atlantic Bank Of Newyork
View on ACRIS ↗
ASSIGNMENT, MORTGAGE Aug 27, 1998
assignor/old lender Mbl Life Assurance Corporation
assignee/new lender Regency Savings Bank, F.S.B.
View on ACRIS ↗
AGREEMENT Aug 17, 1995
party 1 Mbl Life Assurance Corporation
party 2 Olympic Airways, S.A.
View on ACRIS ↗
ASSIGNMENT, MORTGAGE Aug 15, 1994
assignor/old lender Mutual Benefit Lifeinsurance Company
assignee/new lender Mbl Life Assurance Corporation
View on ACRIS ↗
DEED Sep 29, 1992
grantor/seller Touko America Co Inc
grantee/buyer Olympic Airways, S.A.
View on ACRIS ↗
AGREEMENT Sep 29, 1992
party 1 Olympic Airways, S.A.
party 2 Mutual Benefit Lifeetc
View on ACRIS ↗
ASSIGNMENT, MORTGAGE Sep 29, 1992
assignor/old lender Olympic Airways, S.A.
assignee/new lender Mutual Benefit Lifeetc
View on ACRIS ↗
ASSIGNMENT, MORTGAGE Jul 31, 1991
assignor/old lender Mutual Benefit Etc
assignee/new lender Citibank N.A.
View on ACRIS ↗
ASSIGNMENT, MORTGAGE May 11, 1990
assignor/old lender Mutual Benefit Lifeetal
assignee/new lender Citibank N.A.
View on ACRIS ↗
DEED Mar 16, 1990
grantor/seller Carnegie Manhattan Pts
grantee/buyer Touko America Co Inc
View on ACRIS ↗
SATISFACTION OF MORTGAGE Mar 16, 1990
mortgager/borrower Carnegie Manhattan Prtnr
mortgagee/lender Howard Svgs Bank
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SUNDRY AGREEMENT Mar 16, 1990
party 1 Touko America Co Inc
View on ACRIS ↗
MORTGAGE $8,179,500 Dec 2, 1985
mortgagor/borrower Carnegie Manhattan Prtnr
mortgagee/lender Howard Savings Bank
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DEED Sep 17, 1985
grantor/seller Bloomsday Inc
grantee/buyer Carnegie Manhattan Partn
View on ACRIS ↗
ASSIGNMENT, MORTGAGE Sep 17, 1985
assignor/old lender Carnegie Manhattan Prntr
assignee/new lender Mutual Benefit Lifeetc.
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MORTGAGE $13,000,000 Sep 17, 1985
mortgagor/borrower Carnegie Manhattan Prntr
mortgagee/lender Mutual Benefit Lifeetc
View on ACRIS ↗
DEED Mar 2, 1983
grantor/seller Vector Studley Assoc.
grantee/buyer Moland Street, Inc.
View on ACRIS ↗
ASSIGNMENT, MORTGAGE Mar 2, 1983
assignor/old lender 503 Fifth Avenue Corp.
assignee/new lender Vector Studley Assoc.
View on ACRIS ↗
ASSIGNMENT, MORTGAGE Mar 2, 1983
assignor/old lender American Savings Bank
assignee/new lender Vector Studley Assoc.
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DECLARATION Mar 2, 1983
party 1 Vector Studley Assoc.
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DEED Feb 18, 1983
grantor/seller 503 Fifth Ave.Corp.
grantee/buyer Vector Studley Assoc.
View on ACRIS ↗
ASSIGNMENT, MORTGAGE Oct 7, 1980
assignor/old lender American Scrty Bk, Na Tr; Emmet, Grenville T Iii
assignee/new lender 503 Fifth Avenue Corp
View on ACRIS ↗
MORTGAGE Oct 7, 1980
mortgagor/borrower Vector Studley Assocites
mortgagee/lender American Savings Bank
View on ACRIS ↗
ASSIGNMENT, MORTGAGE Oct 7, 1980
assignor/old lender American Scrty Bk, Na Tr; Rutherford, Guy G Tr +2
assignee/new lender 503 Fifth Avenue Corp
View on ACRIS ↗
DEED Oct 7, 1980
grantor/seller 503 Fifth Avenue Corp
grantee/buyer Vector Studley Associats
View on ACRIS ↗
MORTGAGE Oct 7, 1980
mortgagor/borrower Vector, Studley Assoc
mortgagee/lender 503 Fifth Avenue Corp
View on ACRIS ↗
ASSIGNMENT, MORTGAGE Oct 7, 1980
assignor/old lender American Scrty Bk, Na Tr; Emmett Anne Eustis
assignee/new lender 503 Fifth Avenue Corp
View on ACRIS ↗
AGREEMENT Oct 7, 1980
party 1 Vector Studley Assocites
party 2 American Savings Bank
View on ACRIS ↗
ASSIGNMENT, MORTGAGE Oct 7, 1980
assignor/old lender American Scrty Bk, Na Tr; Ramos, Artura Perolta Tr +1
assignee/new lender 503 Fifth Avenue Corp
View on ACRIS ↗
AGREEMENT Oct 7, 1980
party 1 Vector Studley Assocites
party 2 503 Fifth Ave Corp
View on ACRIS ↗
ASSIGNMENT, MORTGAGE Oct 7, 1980
assignor/old lender Equitable Lf Assrncetal
assignee/new lender American Savings Bank
View on ACRIS ↗
AGREEMENT Aug 7, 1978
party 1 503 Fifth Ave Corp
party 2 Equitable Life Etal
View on ACRIS ↗
AGREEMENT Feb 5, 1978
party 1 503 Fifth Ave Corp
party 2 Equitable Life Etal
View on ACRIS ↗
SUNDRY AGREEMENT Dec 16, 1968
party 1 503 Fifth Avenue Corp; Chemical Bnk Ny Tr Comp +2
View on ACRIS ↗
MORTGAGE Aug 11, 1967
mortgagor/borrower 503 5th Ave Corp
mortgagee/lender Equit Lf Assur Soc Us
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MORTGAGE Aug 11, 1967
mortgagor/borrower 503 5th Ave Corp
mortgagee/lender Equit Lf Assur Soc Us
View on ACRIS ↗
ASSIGNMENT, MORTGAGE Dec 29, 1966
assignor/old lender America Scur 1st Coetal
assignee/new lender America Scur 1st Coeta
View on ACRIS ↗
DOB violations — total 34 · open 3 · dismissed 20
Facades Dismissed Oct 8, 2021
CYCLE 9B UNSAFE REPORT FILED
BIS ↗
EVCAT1-ELEVATOR ANNUAL INSPECTION / TEST ELEVATORREQUIRED Dismissed Dec 1, 2016
VIOLATION ISSUED TO ELEVATOR-FAILURE TO FILE CATEGORY 1 2015 INSPECTION/TEST
BIS ↗
EVCAT1-ELEVATOR ANNUAL INSPECTION / TEST ELEVATORREQUIRED Dismissed Dec 1, 2016
VIOLATION ISSUED TO ELEVATOR-FAILURE TO FILE CATEGORY 1 2015 INSPECTION/TEST
BIS ↗
Show all 34
EVCAT1-ELEVATOR ANNUAL INSPECTION / TEST ELEVATORREQUIRED Dismissed Dec 1, 2016
VIOLATION ISSUED TO ELEVATOR-FAILURE TO FILE CATEGORY 1 2015 INSPECTION/TEST
BIS ↗
EVCAT1-ELEVATOR ANNUAL INSPECTION / TEST ELEVATORREQUIRED Dismissed Dec 1, 2016
VIOLATION ISSUED TO ELEVATOR-FAILURE TO FILE CATEGORY 1 2015 INSPECTION/TEST
BIS ↗
AEUHAZ Dismissed Nov 16, 2016
FAILURE TO CERTIFY CORRECTION ON IMMEDIATELY HAZARDOUS (CLASS 1) ECB VIOLATION
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E-ELEVATOR ELEVATORREQUIRED Resolved Oct 31, 2016
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E-ELEVATOR ELEVATORREQUIRED Resolved Oct 31, 2016
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E-ELEVATOR ELEVATORREQUIRED Resolved Oct 31, 2016
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E-ELEVATOR ELEVATORREQUIRED Resolved Mar 8, 2007
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E-ELEVATOR ELEVATORREQUIRED Resolved Mar 8, 2007
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E-ELEVATOR ELEVATORREQUIRED Resolved Mar 8, 2007
BIS ↗
Photoluminescent Dismissed Nov 1, 2006
BIS ↗
E-ELEVATOR ELEVATORREQUIRED Resolved Oct 28, 2005
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E-ELEVATOR ELEVATORREQUIRED Resolved Oct 28, 2005
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E-ELEVATOR ELEVATORREQUIRED Resolved Oct 28, 2005
BIS ↗
LL1081-LOCAL LAW 10/81 - ELEVATOR ELEVATOROPTIONAL Dismissed Apr 21, 2004
BIS ↗
LL1081-LOCAL LAW 10/81 - ELEVATOR ELEVATOROPTIONAL Dismissed Mar 21, 2003
BIS ↗
L1198-LOCAL LAW 11/98 - FACADE FACADE REQUIRED Dismissed Aug 8, 2002
BIS ↗
LL1081-LOCAL LAW 10/81 - ELEVATOR ELEVATOROPTIONAL Dismissed Feb 19, 2002
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LL1081-LOCAL LAW 10/81 - ELEVATOR ELEVATOROPTIONAL Dismissed Mar 8, 2001
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LL1081-LOCAL LAW 10/81 - ELEVATOR ELEVATOROPTIONAL Dismissed Mar 10, 2000
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LL1081-LOCAL LAW 10/81 - ELEVATOR ELEVATOROPTIONAL Dismissed Jan 20, 1999
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LL1081-LOCAL LAW 10/81 - ELEVATOR ELEVATOROPTIONAL Dismissed Jan 6, 1998
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LL1081-LOCAL LAW 10/81 - ELEVATOR ELEVATOROPTIONAL Active Jan 13, 1997
BIS ↗
LL1081-LOCAL LAW 10/81 - ELEVATOR ELEVATOROPTIONAL Dismissed Jan 13, 1997
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LL1081-LOCAL LAW 10/81 - ELEVATOR ELEVATOROPTIONAL Dismissed Mar 8, 1996
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LL1081-LOCAL LAW 10/81 - ELEVATOR ELEVATOROPTIONAL Dismissed Apr 17, 1995
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LL1081-LOCAL LAW 10/81 - ELEVATOR ELEVATOROPTIONAL Dismissed Apr 7, 1992
1
BIS ↗
E-ELEVATOR ELEVATORREQUIRED Active Jan 25, 1991
BIS ↗
E-ELEVATOR ELEVATORREQUIRED Active Jan 24, 1991
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LL1081-LOCAL LAW 10/81 - ELEVATOR ELEVATOROPTIONAL Dismissed Jun 29, 1990
2
BIS ↗
E-ELEVATOR ELEVATORREQUIRED Resolved Apr 11, 1989
(51)RETURN TO SERVICE OR FILE NECESSARY PAPERS FOR REMOVAL
BIS ↗
E-ELEVATOR ELEVATORREQUIRED Resolved Jul 15, 1988
(51)6717 RESHABLE HOIST - COUNTERWEIGHT CABLES DATE & TAG (52)6717-REMOVE ALL SHAFT DOOR KEY LOCKS & COVER HOLES IN DOORS
BIS ↗
DOB complaints — total 10 · open 0 · closed 10
Facade (Local Law 11/98) – unsafe notification Closed Aug 12, 2016
Complaint 1430586
View on BIS ↗
Storefront/sign/awning/marquee – illegal Closed Jul 29, 2004
Complaint 1126642
View on BIS ↗
Category 70 Closed Apr 15, 2003
Complaint 1106440
View on BIS ↗
Show all 10
Building – vacant, open and unguarded Closed Oct 10, 2002
Complaint 1101372
View on BIS ↗
Sidewalk shed/scaffold – none/inadequate/defective Closed Jun 13, 2001
Complaint 1088172
View on BIS ↗
Permit – none (building/PA/demolition) Closed Jun 13, 2001
Complaint 1088179
View on BIS ↗
Building – vacant, open and unguarded Closed Jun 7, 2000
Complaint 1076479
View on BIS ↗
Building – vacant, open and unguarded Closed Jun 7, 2000
Complaint 1076478
View on BIS ↗
Sidewalk shed/scaffold – none/inadequate/defective Closed Feb 3, 1999
Complaint 1064275
View on BIS ↗
Debris/building – falling or danger of falling Closed Jul 12, 1993
Complaint 1024908
View on BIS ↗
No HPD violations on file.
Deed & identifiers
SBL1012770006
SWIS620100
Parcel ID6201001012770006

Who owns 1 East 42 Street?

1 East 42 Street, Manhattan is owned by The Taipel Economic & Cultural, Ny per the 2025 NYS assessment roll. It last sold for $30,000,000 in Mar 2005.
Public record, NYS tax roll 2025. Values are the assessor's, not an appraisal. Provided for informational purposes only — accuracy and completeness are not warranted or guaranteed; verify against official sources before relying on it. Disclaimer · Request redaction

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