60 East 54 Street
Midtown East, Manhattan
Parcel ID (BBL): 1012890045
Owner: Hera Hospitality Property
Acquired: February 05, 2024, $20.6 million
Debt: August 06, 2025, $25 million
Built: 1926
SF: 65,452
Dwelling units: 0
No. of buildings: 1
Class: Luxury Type – Built Prior to 1960 (H1)
Floors: 15
Transactions:
• HERA Hospitality Property borrowed $25 million from Axonic Capital for 60 East 54th Street, Midtown East, Manhattan on August 06, 2025.
• BD Hotels sold 60 East 54th Street, Midtown East, Manhattan for $20.6 million to HERA Hospitality Property and Wolfgang Hotels & Resorts on February 05, 2024.
• BD Hotels borrowed $34.5 million from Metropolitan Commercial Bank for 56 East 54th Street, Midtown East, Manhattan on August 21, 2023.
• BD Hotels borrowed $38 million from Investors Bank for 56 East 54th Street, Midtown, Manhattan on November 09, 2021.
Development:
• Wolfgang Gallas filed major alteration job M01138985 for 70,627 sqft R-1 building with 80 apartments in Midtown East, Manhattan, on December 02, 2024.
• Rich Pinto filed major alteration job 120870281 for 66,832 sqft R-1 building with 105 apartments in Midtown East, Manhattan, on October 21, 2011.
• Daniel Schneider filed alteration job M01262081 for 2,400 sqft building with 2 apartments in Midtown East, Manhattan, on February 25, 2026.
• Vincenzo Racamato filed alteration job M01298523 for 1,000 sqft COM building with 105 apartments in Midtown East, Manhattan, on October 08, 2025.
• Daniel Schneider filed alteration job M01264637 for 6,025 sqft 70 building with 106 apartments in Midtown East, Manhattan, on September 19, 2025.
• Daniel Schneider filed alteration job M01280277 for 170 sqft building with 2 apartments in Midtown East, Manhattan, on September 03, 2025.
• Daniel Schneider filed alteration job M01261741 for 950 sqft building with 2 apartments in Midtown East, Manhattan, on August 13, 2025.
Most recent Schedule of Occupancy
Violations:
According to city public data, the properties have received $2,500 in ECB penalties and $4,450 in OATH penalties in the last year.