118 11 Avenue

Debt: July 13, 2026, $138.4 million

Built: 1931

Renovated: 1988

SF: 95,837

Dwelling units: 0

No. of buildings: 1

Class: Prisons, Jails, Houses of Detention (Y3)

Floors: 8

Transactions:

• Camber Property Group and Osborne Association borrowed $138.4 million from NYS Housing Finance Agency for 550 West 20th Street, Chelsea, Manhattan on July 13, 2026.

Development:

• Camber Property Group filed major alteration job M01314086 for 118,500 sqft R-2 building with 131 apartments in Chelsea, Manhattan, on December 19, 2025.

• Rick Gropper filed alteration job M01404994 for 1 sqft PUB building with 0 apartments in Chelsea, Manhattan, on June 05, 2026.

• Ibraim Redza filed alteration job M01406614 for 147,454 sqft building with 131 apartments in Chelsea, Manhattan, on May 29, 2026.

• Rick Gropper filed alteration job M01311273 for 92,100 sqft building with 0 apartments in Chelsea, Manhattan, on April 08, 2026.

• Rick Gropper filed alteration job M01311265 for 1,125 sqft building with 0 apartments in Chelsea, Manhattan, on April 08, 2026.

• Rick Gropper filed alteration job M01304727 for 92,100 sqft 51 building with 0 apartments in Chelsea, Manhattan, on November 13, 2025.

Violations:

According to city public data, the properties have received $1,250 in ECB penalties and $11,000 in OATH penalties in the last year.