121 East 47 Street
Midtown East, Manhattan
Parcel ID (BBL): 1013020021
Owner: Holiday Inn Club Vacations
Acquired: November 07, 2025, $20 million
Debt: November 22, 2022, $42 million
Built: 1927
Renovated: 1988
SF: 92,501
Dwelling units: 0
No. of buildings: 1
Class: Transient Occupancy-Midtown Mn Area (H3)
Floors: 17
HPD Ownership Registration Information
Last registered: 2024-12-18 (expires 2025-09-01)
Timeshare Acquisitions At Lexington, Llc
Corporate Owner
5537 MILLENIA LAKES BLVD 225 Orlando, FL, 32839
Holiday Inn Club Vacations Incorporated
Agent
501 LEXINGTON AVENUE New York, NY, 10017
Rajesh Nair
Site Manager
Transactions:
• Timeshares Only sold 501-507 Lexington Avenue, Midtown East, Manhattan for $20 million to Holiday Inn Club Vacations on November 07, 2025.
• Timeshare Acquisitions sold 501-507 Lexington Avenue, Midtown East, Manhattan for $30.3 million to Holiday Inn Club Vacations on January 29, 2024.
• Timeshare Acquisitions borrowed $42 million from Western Alliance Bank for 501 Lexington Avenue, Midtown East, Manhattan on November 22, 2022.
• Roger Smith Hotel sold 501-507 Lexington Avenue, Midtown East, Manhattan for $41.4 million to Timeshare Acquisitions on February 25, 2022.
• Timeshare Acquisitions borrowed $34 million from Western Alliance Bank for 501-507 Lexington Avenue, Midtown East, Manhattan on February 25, 2022.
Development:
• Rajesh Nair filed plans for alteration in Midtown East, Manhattan, on June 03, 2025.
• Rajesh Nair filed plans for alteration in Midtown East, Manhattan, on November 15, 2024.
• Piotr Siwiec filed plans for alteration in Midtown East, Manhattan, on January 19, 2024.
• Timeshare Acquisitions filed plans for alteration in Midtown East, Manhattan, on November 28, 2023.
• Robert Reavy filed plans for alteration in Midtown East, Manhattan, on November 28, 2023.
Litigation:
• Phoebe Knowles and James Knowles filed a $3.2 million lawsuit 656639/2022 against Namdar Realty Group on June 06, 2022,seeking a money judgment related to loanat 501 Lexington Avenue.
Violations:
According to city public data, the properties have received $7,010 in OATH penalties in the last year.