89 Crosby Street
SoHo, Manhattan
Parcel ID (BBL): 1004960027
Owner: Julie Chen
Debt: February 04, 2025, $0
Built: 1866
Renovated: 1985
SF: 16,766
Dwelling units: 1
No. of buildings: 1
Class: Office with Comm — 1 to 6 stories (O5)
Floors: 6
Transactions:
• Lane Capital Partners on February 04, 2025 bought a loan with an original principal of $20.9 million from Shanghai Commercial Bank, signed by Nim Chi Lau|Chiu Nam Wu, secured by 250 Lafayette Street, SoHo, Manhattan, when owned by Julie Chen|Lucia Chen|Ted Chen|Tsing Feng Chen.
Development:
• Lucia Chen filed major alteration job 120032696 for 16,556 sqft B building in SoHo, Manhattan, on May 08, 2009.
• Lucia Chen filed major alteration job 104278292 for E building with 1 apartments in SoHo, Manhattan, on November 04, 2005.
• Ted Chen filed alteration job M00946960 for 2,632 sqft E building with 1 apartments in SoHo, Manhattan, on December 01, 2023.
• Ted Chen filed alteration job 123217759 for B building in SoHo, Manhattan, on March 16, 2018.
• Lucia Chen filed alteration job 104514651 for building in SoHo, Manhattan, on August 09, 2006.
• Lucia Chen filed alteration job 104348671 for building in SoHo, Manhattan, on February 07, 2006.
Litigation:
• Chen Foundation, Julie Chen, Lucia Chen, Ted Chen and Tsing Feng Chen on March 13, 2026, filed a $27.9 million bankruptcy 26-10545 for 250 Lafayette Street that has creditor Lane Capital Partners.
• Julie Chen, Lucia Chen, Ted Chen and Tsing Feng Chen on March 18, 2024, filed a $50 million bankruptcy 24-10438-jpm for 250 Lafayette Street that has creditor Shanghai Commercial Bank and Shanghai Commercial & Savings Bank.
• Shanghai Commercial Bank and Shanghai Commercial & Savings Bank filed a $20.9 million pre-foreclosure 850013/2024 on January 17, 2024, against New World Art Center at 250 Lafayette Street.
• Julie Chen, Lucia Chen, Ted Chen and Tsing Feng Chen on January 05, 2024, filed a $60.6 million bankruptcy 24-10015-jpm for 250 Lafayette Street that has creditor Shanghai Commercial Bank and Shanghai Commercial & Savings Bank.
Violations:
According to city public data, the properties have received $2,500 in ECB penalties and $2,675 in OATH penalties in the last year.