247 West 48 Street

Owner: Carlyle Group

Debt: December 16, 2024, $232.3 million

Built: 1989

SF: 475,327

Dwelling units: 477

No. of buildings: 1

Class: Luxury Type (D8)

Floors: 42

Transactions:

• Carlyle Group and Stonehenge NYC borrowed $232.3 million from Barings and Ares Commercial Real Estate for 235 West 48th Street, Midtown West, Manhattan on December 16, 2024.

Development:

• Adam Grushko filed plans for alteration in Midtown West, Manhattan, on November 06, 2025.

• Adam Grushko filed plans for alteration in Midtown West, Manhattan, on October 23, 2025.

• Adam Grushko filed plans for alteration in Midtown West, Manhattan, on October 23, 2025.

• Adam Grushko filed plans for alteration in Midtown West, Manhattan, on February 08, 2023.

• Adam Grushko filed plans for alteration in Midtown West, Manhattan, on August 22, 2025.

Violations:

According to city public data, the properties have received $11,950 in OATH penalties in the last year.