881 Avenue Of The Americas
Penn Plaza, Manhattan
Parcel ID (BBL): 1008070039
Acquired: July 12, 2023, $92.5 million
Transactions:
• James Wacht, Peter Braus and Sierra Real Estate sold 875 Avenue Of The Amer, Penn Station, Manhattan for $92.5 million to Beacon Capital Partners and Kaufman Investments on July 12, 2023.
Development:
• Grant Greenspan filed major alteration job M01114899 for 214,349 sqft 56 building with 0 apartments in Penn Plaza, Manhattan, on November 14, 2024.
• Grant Greenspan filed alteration job M01394251 for 8,055 sqft COM building with 0 apartments in Penn Plaza, Manhattan, on May 06, 2026.
• Grant Greenspan filed alteration job M01387183 for building in Penn Plaza, Manhattan, on April 16, 2026.
• Grant Greenspan filed alteration job M01351788 for 9,117 sqft COM building with 0 apartments in Penn Plaza, Manhattan, on February 09, 2026.
• Grant Greenspan filed alteration job M01338552 for 9,000 sqft COM building with 0 apartments in Penn Plaza, Manhattan, on January 06, 2026.
• Grant Greenspan filed alteration job M01288997 for 14,400 sqft COM building with 0 apartments in Penn Plaza, Manhattan, on October 01, 2025.
Most recent Schedule of Occupancy
Violations:
According to city public data, the properties have received one DOB violation and $12,275 in OATH penalties in the last year.