479 8 Avenue
Penn Plaza, Manhattan
Parcel ID (BBL): 1007570031
Debt: October 15, 2025, $260 million
Transactions:
• Haymes Investment Company borrowed $260 million from CGCMT 2016-GC36, Series 2016-GC36 and LNR Partners for 5 Penn Plaza, Penn Plaza, Manhattan on October 15, 2025.
Development:
• Abe Ramadan filed major alteration job 123338450 for 611,625 sqft B building in Penn Station, Manhattan, on September 14, 2017.
• Abe Ramadan filed major alteration job 122763009 for 611,625 sqft B building in Penn Station, Manhattan, on June 21, 2016.
• Abe Ramadan filed alteration job M01385235 for 41,450 sqft 56 building with 0 apartments in Penn Plaza, Manhattan, on May 07, 2026.
• Abe Ramadan filed alteration job M01289451 for 33,182 sqft 56 building with 0 apartments in Penn Plaza, Manhattan, on January 08, 2026.
• Abe Ramadan filed alteration job M01289529 for 33,182 sqft 56 building with 0 apartments in Penn Plaza, Manhattan, on January 06, 2026.
• Abe Ramadan filed alteration job M01289455 for 33,182 sqft 56 building with 0 apartments in Penn Plaza, Manhattan, on January 06, 2026.
• Abe Ramadan filed alteration job M01287278 for 160 sqft building with 0 apartments in Penn Plaza, Manhattan, on December 11, 2025.
Violations:
According to city public data, the properties have received $950 in OATH penalties in the last year.