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
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.