16 West 38 Street

Grand Central, Manhattan

Parcel ID (BBL): 1008390055

Acris records

Owner: Jay Suites

Acquired: August 07, 2024, $35 million

Debt: August 07, 2024, $19 million

Built: 1900

Renovated: 1986

SF: 112,120

Dwelling units: 0

No. of buildings: 1

Class: Office with Comm — 7 to 19 stories (O6)

Floors: 12

Legacy BBLs: 1008390050

Transactions:

Jay Suites borrowed $19 million from Citibank for 8 West 38th Street, Grand Central, Manhattan on August 07, 2024.

• William A. Felder, Joan Felder, David Schustak, Judith Schustack and Seena Sperling sold 8 West 38th Street, Grand Central, Manhattan for $35 million to Jay Suites on August 07, 2024.

Development:

• Vincent Kennedy filed alteration job M01378795 for 200 sqft COM building with 0 apartments in Grand Central, Manhattan, on March 27, 2026.

• Vincent Kennedy filed alteration job M01366641 for 3,000 sqft COM building with 0 apartments in Grand Central, Manhattan, on March 03, 2026.

• Juda Srour filed alteration job M01172750 for 900 sqft COM building with 0 apartments in Grand Central, Manhattan, on January 28, 2025.

• Juda Srour filed alteration job M01103296 for 8,800 sqft COM building with 0 apartments in Grand Central, Manhattan, on August 28, 2024.

• Juda Srour filed alteration job M01090045 for 8,514 sqft COM building with 0 apartments in Grand Central, Manhattan, on August 05, 2024.

Violations:

According to city public data, the properties have received $1,000 in OATH penalties in the last year.

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