125 West 26 Street
Chelsea, Manhattan
Parcel ID (BBL): 1008020026
Owner: Two Kings Real Estate
Acquired: June 28, 2022, $80.3 million
Debt: June 12, 2026, $76.5 million
Built: 2006
SF: 64,764
Dwelling units: 0
No. of buildings: 1
Class: Luxury Type – Built After 1960 (H2)
Floors: 24
HPD Ownership Registration Information
Last registered: 2025-07-10 (expires 2026-09-01)
Tulip Hotels Llc
Corporate Owner
1115 BROADWAY 1054 New York, NY, 10010
Naleni Sanichar
Site Manager
Tulip Hotels Opco Llc
Lessee
1115 BROADWAY C/O TWO KINGS 1054 New York, NY, 10010
Transactions:
• Two Kings Real Estate borrowed $76.5 million from Deutsche Bank for 121 West 26th Street, Chelsea, Manhattan on June 12, 2026.
• Series 2013-GC13 on June 28, 2022 bought a loan with an original principal of $80 million from Series 2013-GC13, signed by Arnold Shulkin, secured by 125 West 26th Street, Chelsea, Manhattan, when owned by Two Kings Real Estate.
• Watermark Lodging Trust and Watermark Capital Partners sold 125 West 26th Street, Chelsea, Manhattan for $80.3 million to Two Kings Real Estate on June 28, 2022.
• Carey Watermark sold 121 West 26th Street, Chelsea, Manhattan for $73.5 million to Watermark Lodging Trust on June 15, 2020.
Development:
• Sam Chang filed new building job 104269667 for J-1 building in Chelsea, Manhattan, on October 24, 2005.
• Christopher Wang filed alteration job M01341181 for 4,248 sqft building with 226 apartments in Chelsea, Manhattan, on January 05, 2026.
• Christopher Wang filed alteration job M01311797 for building in Chelsea, Manhattan, on October 31, 2025.
• Christopher Wang filed alteration job M00933880 for 6,081 sqft J-1 building with 226 apartments in Chelsea, Manhattan, on December 07, 2023.
• Christopher Wang filed alteration job M00834496 for 54,188 sqft J-1 building with 226 apartments in Chelsea, Manhattan, on March 29, 2023.
• Daniel Feurtado filed alteration job M00187893 for 10 sqft R-1 building with 226 apartments in Chelsea, Manhattan, on August 21, 2019.
Violations:
According to city public data, the properties have received two DOB violations and $2,300 in OATH penalties in the last year.