54 East 42 Street

Owner: Abramson Brothers

Debt: December 06, 2022, $32.5 million

Built: 1917

SF: 138,883

Dwelling units: 0

No. of buildings: 1

Class: Tower Type (O4)

Floors: 27

Transactions:

• Abramson Brothers borrowed $32.5 million from JPMorgan Chase for 50 East 42nd Street, Grand Central, Manhattan on December 06, 2022.

Development:

• Adam Abramson filed major alteration job 123177800 for 11,250 sqft B building in Grand Central, Manhattan, on December 21, 2017.

• Alan Abramson filed major alteration job 120222936 for 11,258 sqft B building in Grand Central, Manhattan, on December 14, 2009.

• Nicole Reposa filed alteration job M01402450 for 1 sqft building with 0 apartments in Grand Central, Manhattan, on May 18, 2026.

• Piotr Siwiec filed alteration job M01319110 for 4,860 sqft building with 0 apartments in Grand Central, Manhattan, on November 18, 2025.

• Billie Jean Hamel filed alteration job M01015308 for 800 sqft COM building with 0 apartments in Grand Central, Manhattan, on August 11, 2025.

• Billie Jean Hamel filed alteration job M01015326 for 200 sqft COM building with 0 apartments in Grand Central, Manhattan, on August 11, 2025.

• Billie Jean Hamel filed alteration job M01016178 for 1,248 sqft COM building with 0 apartments in Grand Central, Manhattan, on May 19, 2025.

Litigation:

• Abramson Brothers filed a $379,931 lawsuit 652143/2023 against Juda Srour on May 02, 2023,seeking a money judgment related to office leaseat 50 East 42 Street.

• A $180,000 lawsuit was filed 652897/2021 on May 02, 2021,seeking a money judgment related to office rentat 50 East 42 Street.

Violations:

According to city public data, the properties have received $10,625 in ECB penalties and $11,325 in OATH penalties in the last year.