1490 Broadway
Times Square, Manhattan
Parcel ID (BBL): 1009950005
Owner: Durst Organization
Debt: August 13, 2025, $1.3 billion
Built: 1998
Renovated: 2016
SF: 1,642,675
Dwelling units: 0
No. of buildings: 1
Class: Tower Type (O4)
Floors: 51
Legacy BBLs: 1009950005
Transactions:
• Durst Organization borrowed $1.3 billion from Wells Fargo, JPMorgan Chase and Bank of America for 151 West 42nd Street, Times Square, Manhattan on August 13, 2025.
• Durst Organization borrowed $200 million from JPMorgan Chase for 1472 Broadway, Times Square, Manhattan on September 28, 2022.
Development:
• Jeffrey Parras filed major alteration job M00865411 for 22,255 sqft E building with 0 apartments in Times Square, Manhattan, on June 13, 2023.
• Kevin Patterson filed major alteration job M00714006 for 1 sqft B building with 0 apartments in Times Square, Manhattan, on April 11, 2022.
• Jeffrey Parras filed alteration job M01381066 for 150 sqft E building with 0 apartments in Times Square, Manhattan, on April 10, 2026.
• Jeffrey Parras filed alteration job M01351227 for 10,040 sqft 56 building with 0 apartments in Times Square, Manhattan, on January 29, 2026.
• Jeffrey Parras filed alteration job M01339768 for 25,000 sqft 56 building with 0 apartments in Times Square, Manhattan, on January 09, 2026.
• Jeffrey Parras filed alteration job M01339765 for 25,000 sqft 56 building with 0 apartments in Times Square, Manhattan, on January 09, 2026.
• Jeffrey Parras filed alteration job M01339773 for 25,000 sqft 56 building with 0 apartments in Times Square, Manhattan, on January 09, 2026.
Violations:
According to city public data, the properties have received $3,487 in OATH penalties in the last year.
Latest Stories:
• Durst ups debt to $1.3B in refi for office in Times Square (August 14, 2025)
• Durst Organization adds $200M in debt from JPMorgan Chase at 4 Times Square (September 29, 2022)
• Durst files plans for $11.5M multi-floor rehab in Times Square (May 19, 2021)
• Durst files plans for $1.8M rehab of two floors at 4 Times Square (July 22, 2020)
• Durst Organization files plans for $15M renovation at 4 Times Square (April 02, 2020)
• Durst Organization fully permitted for $13M renovation at 4 Times Square (March 26, 2020)
