517 West 41 Street
Hell’s Kitchen, Manhattan
Parcel ID (BBL): 1010700020
Owner: Bd Hotels
Debt: September 19, 2023, $10 million
Built: 1960
SF: 78,333
Dwelling units: 0
No. of buildings: 1
Class: Luxury Type – Built After 1960 (H2)
Floors: 3
Transactions:
• BD Hotels borrowed $10 million from Israel Discount Bank for 510 West 42nd Street, Hell’s Kitchen, Manhattan on September 19, 2023.
Development:
• Gordon Lustica filed plans for alteration in Hell’s Kitchen, Manhattan, on April 11, 2025.
• Gordon Lustica filed plans for alteration in Hell’s Kitchen, Manhattan, on February 28, 2025.
• Joel Arguelles filed plans for A3 in Hell’s Kitchen, Manhattan, on November 12, 2009.
• Richard Born filed plans for alteration in Hell’s Kitchen, Manhattan, on February 02, 2012.
• Richard Cohn filed plans for alteration in Hell’s Kitchen, Manhattan, on July 05, 2018.
Litigation:
• Taconic Capital Advisors filed a $66.7 million lawsuit 650210/2024 against Merchants Hospitality and Abraham Merchant on January 12, 2024,seeking a money judgment related to loanat 510 West 42 Street.
• Robert W. Roche filed a $35 million lawsuit 650450/2023 against Adam Hochfelder, Richard Cohn, Abraham Merchant, Merchants Hospitality and Mailman Trust on January 23, 2023,seeking a money judgment related to equityat 510 West 42 Street.
• Merchants Hospitailty entity on June 18, 2021, filed a $42 million bankruptcy 21-11141-mg for 510 West 42 Street.
Violations:
According to city public data, the properties have received $5,300 in OATH penalties in the last year.