120 John Street
Financial District, Manhattan
Parcel ID (BBL): 1000690032
Owner: Silverstein Properties
Acquired: February 07, 2022, $247.5 million
Debt: January 08, 2024, $130 million
Built: 1931
Renovated: 2011
SF: 338,463
Dwelling units: 416
No. of buildings: 1
Class: Semi-Fireproof With Stores (D7)
Floors: 35
Transactions:
• Silverstein Properties borrowed $130 million from Apollo Global Management for 116 John Street, Financial District, Manhattan on January 08, 2024.
• Silverstein Properties borrowed $130 million from AIG for 116 John Street, Financial District, Manhattan on February 07, 2022.
• Metro Loft Management sold 116 John Street, Financial District, Manhattan for $247.5 million to Silverstein Properties on February 07, 2022.
Development:
• Bill Dacunto filed plans for alteration in Financial District, Manhattan, on December 03, 2024.
• Bill Dacunto filed plans for alteration in Financial District, Manhattan, on October 10, 2024.
• Yoon Jiwoong filed plans for alteration in Financial District, Manhattan, on March 06, 2024.
• Yoon Jiwoong filed plans for alteration in Financial District, Manhattan, on March 06, 2024.
• Bill Dacunto filed plans for alteration in Financial District, Manhattan, on March 01, 2023.
Violations:
According to city public data, the properties have received $800 in ECB penalties, five housing violations, and $7,465 in OATH penalties in the last year.
