527 West 42 Street

Owner: Dermot Company

Debt: August 10, 2022, $120 million

Built: 1996

Renovated: 2014

SF: 319,967

Dwelling units: 375

No. of buildings: 2

Class: Fireproof – With Stores (D6)

Floors: 35

Legacy BBLs: 1010710042.00000000

HPD Ownership Registration Information

Last registered: 2025-07-30 (expires 2026-09-01)

Transactions:

• Dermot Company borrowed $120 million from Helaba for 520 West 43rd Street, Hell’s Kitchen, Manhattan on August 10, 2022.

Development:

• John Calcaterra filed major alteration job 123492292 for 298,538 sqft R-2 building with 370 apartments in Hell’s Kitchen, Manhattan, on November 13, 2018.

• David Picket filed major alteration job 121236652 for 319,967 sqft R-2 building with 375 apartments in Hell’s Kitchen, Manhattan, on October 19, 2013.

• Lyle Levine filed alteration job M01445215 for building in Hell’s Kitchen, Manhattan, on August 27, 2026.

• Lyle Levine filed alteration job M01338652 for 22 sqft building with 375 apartments in Hell’s Kitchen, Manhattan, on December 30, 2025.

• Gurdeep Singh filed alteration job M00971619 for 200 sqft building with 380 apartments in Hell’s Kitchen, Manhattan, on December 05, 2023.

• John Calcaterra filed alteration job M00266089 for 36,817 sqft R-2 building with 355 apartments in Hell’s Kitchen, Manhattan, on December 17, 2019.

• John Calcaterra filed alteration job 123867529 for J-2 building with 375 apartments in Hell’s Kitchen, Manhattan, on December 16, 2019.

Litigation:

• Skanska filed a $2.7 million lawsuit 656937/2021 against New York City School Construction Authority on December 11, 2021,seeking a money judgment related to constructionat 520 West 43 Street.

Violations:

According to city public data, the properties have received one housing violation and $750 in OATH penalties in the last year.

Latest Stories:

• Dermot Company signs $120M refi loan with Helaba for 375-unit rental in Hell’s Kitchen (August 11, 2022)