1268 Broadway
Penn Plaza, Manhattan
Parcel ID (BBL): 1008340011
Owner: Burnett Equities
Acquired: December 02, 2021, $52 million
Debt: December 29, 2022, $95 million
Built: 1898
SF: 278,905
Dwelling units: 0
No. of buildings: 1
Class: Luxury Type – Built After 1960 (H2)
Floors: 17
HPD Ownership Registration Information
Last registered: 2021-10-19 (expires 2022-09-01)
Bernard Sillins
Head Officer
224 WEST 49TH STREET 411 NEW YORK, NY, 10019
Season Affiliates
Corporate Owner
224 W 49TH ST 411 NEW YORK, NY, 10019
Salvatore Tuccelli
Officer
224 WEST 49TH STREET 411 NEW YORK, NY, 10019
Thurcon Properties Ltd
Agent
49 WEST 32ND ST NEW YORK, NY, 10001
Joseph Delgado
Site Manager
Herald Hotel Associates, Lp
Lessee
49 WEST 32ND STREET NEW YORK, NY, 10001
Transactions:
• Burnett Equities borrowed $95 million from Taconic Capital Advisors for 1260 Broadway, Penn Station, Manhattan on December 29, 2022.
• Jessica Sillins borrowed $20 million from Voya Investment Management for 49 West 32nd Street, Penn Station, Manhattan on September 30, 2022.
• Burnett Equities borrowed $71 million from Columbia Pacific Advisors for 1260 Broadway, Penn Station, Manhattan on April 25, 2022.
• Herald Hotel Associates sold 1260 Broadway, Korea Town, Manhattan for $52 million to Burnett Equities on December 02, 2021.
• Burnett Equities borrowed $50.5 million from Columbia Pacific Advisors for 1260 Broadway, Korea Town, Manhattan on December 02, 2021.
Development:
• Delana Durough filed major alteration job 123915219 for 277,384 sqft R-1 building with 1 apartments in Penn Station, Manhattan, on April 22, 2022.
• Amanda Ortiz filed major alteration job 122667827 for 306,797 sqft R-1 building with 1 apartments in Penn Station, Manhattan, on January 25, 2016.
• Cris Beffort filed alteration job M01397387 for building in Penn Plaza, Manhattan, on May 06, 2026.
• Cris Beffort filed alteration job M01236239 for 4,589 sqft J-1 building with 568 apartments in Penn Plaza, Manhattan, on December 22, 2025.
• Cris Beffort filed alteration job M01330711 for 100 sqft building with 568 apartments in Penn Plaza, Manhattan, on December 09, 2025.
• Cris Beffort filed alteration job M01268396 for 2,225 sqft 70 building with 568 apartments in Penn Plaza, Manhattan, on October 21, 2025.
• Cris Beffort filed alteration job M01238569 for 2,390 sqft 70 building with 1 apartments in Penn Plaza, Manhattan, on July 17, 2025.
Violations:
According to city public data, the properties have received one DOB violation, $18,550 in ECB penalties, and $21,800 in OATH penalties in the last year.
