9 West 37 Street
Grand Central, Manhattan
Parcel ID (BBL): 1008390034
Owner: Hilson Management
Debt: August 01, 2025, $0
Built: 1921
SF: 82,878
Dwelling units: 0
No. of buildings: 1
Class: Office with Comm — 7 to 19 stories (O6)
Floors: 12
Transactions:
• Rialto Management Group|Hines Rialto Credit Partners on August 01, 2025 bought a loan with an original principal of $30 million from Flagstar Bank, signed by Mitchel Baffa, secured by 5 West 37th Street, Grand Central, Manhattan, when owned by Hilson Management.
Development:
• Jason Schwalbe filed major alteration job 122542463 for 82,878 sqft B building in Grand Central, Manhattan, on October 07, 2015.
• Jason Schwalbe filed major alteration job 103715838 for COM building in Grand Central, Manhattan, on March 04, 2004.
• Jason Schwalbe filed alteration job M01379343 for 3,180 sqft COM building with 0 apartments in Grand Central, Manhattan, on May 11, 2026.
• Jason Schwalbe filed alteration job M00294404 for 6,000 sqft B building with 0 apartments in Grand Central, Manhattan, on September 03, 2020.
• Jason Schwalbe filed alteration job 123813702 for E building in Grand Central, Manhattan, on June 24, 2019.
• Jason Schwalbe filed alteration job 123435862 for E building in Grand Central, Manhattan, on February 27, 2018.
• Jason Schwalbe filed alteration job 122060544 for E building in Grand Central, Manhattan, on July 09, 2014.
Litigation:
• Rialto Management Group and Hines filed a $30 million pre-foreclosure 850498/2025 on November 07, 2025, against Hilson Management at 5 West 37 Street.
Violations:
According to city public data, the properties have received two DOB violations, $6,250 in ECB penalties, and $6,250 in OATH penalties in the last year.