535 7 Avenue
Garment District, Manhattan
Parcel ID (BBL): 1008140015
Owner: Shorenstein Properties
Debt: November 14, 2019, $350 million
Built: 1950
Renovated: 2017
SF: 911,896
Dwelling units: 0
No. of buildings: 1
Class: Tower Type (O4)
Floors: 43
Transactions:
• Shorenstein Properties borrowed $350 million from Barclays for 1407 Broadway, Garment District, Manhattan on November 14, 2019.
Development:
• Mike Brady filed major alteration job 123479770 for 911,896 sqft B building in Garment District, Manhattan, on October 25, 2018.
• Meghan Mcdonald filed major alteration job 122781837 for 908,000 sqft B building in Garment District, Manhattan, on May 23, 2016.
• Michael Brady filed alteration job M01407309 for 8,730 sqft COM building with 0 apartments in Garment District, Manhattan, on June 02, 2026.
• Michael Brady filed alteration job M01387022 for 13,000 sqft COM building with 0 apartments in Garment District, Manhattan, on May 05, 2026.
• Michael Brady filed alteration job M01387029 for 13,000 sqft COM building with 0 apartments in Garment District, Manhattan, on May 05, 2026.
• Michael Brady filed alteration job M01387002 for 12,261 sqft COM building with 0 apartments in Garment District, Manhattan, on April 29, 2026.
• Michael Brady filed alteration job M01351335 for 1,500 sqft COM building with 0 apartments in Garment District, Manhattan, on January 30, 2026.
Litigation:
• Series 2019-BWAY and BBCMS 2019-BWAY Mortgage Trust filed a $350 million pre-foreclosure 1:25-cv-06870 on August 19, 2025, against Shorenstein Properties at 1407 Broadway.
• Series 2019-BWAY and BBCMS 2019-BWAY Mortgage Trust filed a $350 million pre-foreclosure 850080/2024 on March 15, 2024, against Shorenstein Properties at 1407 Broadway.
• Shorenstein Properties filed a $390,211 lawsuit against Albert Nigri on October 22, 2021,seeking a money judgment related to retail leaseat 1407 Broadway.
Violations:
According to city public data, the properties have received $6,715 in OATH penalties in the last year.