423 7 Avenue

Owner: Aag Management

Debt: July 09, 2026, $18 million

Built: 1926

Renovated: 2015

SF: 67,114

Dwelling units: 0

No. of buildings: 1

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

Floors: 14

Transactions:

• AAG Management borrowed $18 million from Esquire Bank for 421 7th Avenue and 2512 Broadway, Penn Plaza, Manhattan on July 09, 2026.

Development:

• Arnold Gumowitz filed major alteration job 121494971 for 67,114 sqft B building in Penn Station, Manhattan, on January 15, 2013.

• Arnold Gumowitz filed major alteration job 120013056 for 58,500 sqft I-3 building with 0 apartments in Penn Station, Manhattan, on April 14, 2009.

• Evan Cooper filed alteration job M01418840 for 3,225 sqft COM building with 0 apartments in Penn Plaza, Manhattan, on June 19, 2026.

• Evan Cooper filed alteration job M01401653 for 3,895 sqft COM building with 0 apartments in Penn Plaza, Manhattan, on May 15, 2026.

• Evan Cooper filed alteration job M01370683 for 100 sqft COM building with 0 apartments in Penn Plaza, Manhattan, on March 11, 2026.

• Evan Cooper filed alteration job M01346853 for 139 sqft building with 0 apartments in Penn Plaza, Manhattan, on February 10, 2026.

• Zunair Khalid filed alteration job M01308086 for 200 sqft building with 70 apartments in Penn Plaza, Manhattan, on October 27, 2025.

Litigation:

• Arnold Gumowitz filed a $1 million lawsuit 159184/2022 against Empire State Development on October 27, 2022,seeking a judgment related to rezoningat 421 7 Avenue.

Violations:

According to city public data, the properties have received $100 in OATH penalties in the last year.