188 Avenue Of The Americas

Owner: Derby Copeland Capital

Acquired: April 11, 2024, $24.1 million

Debt: September 09, 2024, $20.2 million

Built: 1900

SF: 33,930

Dwelling units: 53

No. of buildings: 3

Class: Over Six Families With Stores (C7)

Floors: 6

HPD Ownership Registration Information

Last registered: 2025-09-18 (expires 2026-09-01)

Transactions:

• Derby Copeland Capital borrowed $20.2 million from Derby Copeland Capital for 188-192 Sixth Avenue, SoHo, Manhattan on September 09, 2024.

• Derby Copeland Capital borrowed $16 million from Derby Copeland Capital for 188-192 Sixth Avenue, SoHo, Manhattan on April 11, 2024.

• Page Management sold 188-192 Sixth Avenue, SoHo, Manhattan for $24.1 million to Derby Copeland Capital on April 11, 2024.

• Page Management borrowed $16 million from Derby Copeland Capital for 188 Avenue Of The Amer, Soho, Manhattan on July 08, 2021.

Development:

• Steve Spanolios filed alteration job M01415632 for 800 sqft RES building with 24 apartments in SoHo, Manhattan, on June 23, 2026.

• Steve Spanolios filed alteration job M01395695 for 805 sqft RES building with 20 apartments in SoHo, Manhattan, on May 04, 2026.

• Steve Spanolios filed alteration job M01349459 for 900 sqft RES building with 20 apartments in SoHo, Manhattan, on March 03, 2026.

• Steve Spanolios filed alteration job M01356046 for 1,400 sqft RES building with 20 apartments in SoHo, Manhattan, on March 03, 2026.

• Steve Spanolios filed alteration job M01357514 for 800 sqft RES building with 24 apartments in SoHo, Manhattan, on February 18, 2026.

Violations:

According to city public data, the properties have received two DOB violations, $15,000 in ECB penalties, two housing violations, and $15,500 in OATH penalties in the last year.

Latest Stories:

• Derby Copeland pays $39.1M to Page Mgmt for rentals in SoHo, Greenwich Village, part of $60M deal (April 12, 2024)