1250 Broadway
Penn Plaza, Manhattan
Parcel ID (BBL): 1008330011
Owner: Global Holdings Management Group
Debt: March 02, 2026, $450 million
Built: 1969
Renovated: 2014
SF: 671,734
Dwelling units: 0
No. of buildings: 1
Class: Tower Type (O4)
Floors: 39
Transactions:
• Global Holdings Management Group borrowed $450 million from Wells Fargo for 1250 Broadway, Penn Plaza, Manhattan on March 02, 2026.
• Global Holdings Management Group borrowed $443 million from HSBC Bank for 1240 Broadway, Garment District, Manhattan on September 18, 2020.
Development:
• Eric Leclair filed major alteration job 123805882 for 548,138 sqft B building in Penn Station, Manhattan, on May 01, 2019.
• Eric Le Clair filed major alteration job 121204231 for 584,154 sqft B building in Penn Station, Manhattan, on October 06, 2017.
• Adam Kusinitz filed alteration job M01441804 for 10,000 sqft COM building with 0 apartments in Penn Plaza, Manhattan, on September 01, 2026.
• Adam Kusinitz filed alteration job M01441308 for 5,000 sqft COM building with 0 apartments in Penn Station, Manhattan, on August 20, 2026.
• Adam Kusinitz filed alteration job M01441305 for 5,000 sqft COM building with 0 apartments in Penn Station, Manhattan, on August 20, 2026.
• Adam Kusinitz filed alteration job M01441805 for 600 sqft COM building with 0 apartments in Penn Station, Manhattan, on August 17, 2026.
• Adam Kusinitz filed alteration job M01441307 for 500 sqft COM building with 0 apartments in Penn Station, Manhattan, on August 17, 2026.
Litigation:
• Newman Ferrara filed a $250,000 lawsuit 156916/2024 against Global Holdings Management Group on July 30, 2024,seeking a money judgment related to office leaseat 1240 Broadway.
Violations:
According to city public data, the properties have received $2,500 in ECB penalties and $180 in OATH penalties in the last year.