127 East 48 Street
Midtown East, Manhattan
Parcel ID (BBL): 1013030014
Owner: Constellation Hotels Holding Limited
Debt: April 09, 2026, $230 million
Built: 1926
Renovated: 1982
SF: 443,607
Dwelling units: 0
No. of buildings: 1
Class: Luxury Type – Built Prior to 1960 (H1)
Floors: 14
HPD Ownership Registration Information
Last registered: 2017-07-25 (expires 2018-09-01)
Michael Palumbo
Head Officer
111 EAST 48TH STREET NY, NY, 100171297
111 East 48Th Street Holdings, Llc
Corporate Owner
111 EAST 48TH ST NY, NY, 100171297
Ihg Management (Maryland) Llc
Agent
111 EAST 48TH ST NY, NY, 100171297
Herve Houdre Regional & General Manage
Site Manager
Constellation Barclay Holding Us, Llc
Shareholder
3 RAVINIA DRIVE Atlanta, GA, 30346
Transactions:
• Constellation Hotels Holding Limited and InterContinental Hotels Group borrowed $230 million from National Bank of Kuwait for 518 Lexington Avenue, Midtown East, Manhattan on April 09, 2026.
• Constellation Hotels Holding Limited borrowed $230 million from National Bank of Kuwait for InterContinental New York Barclay at 111 East 48th Street, Plaza District, Manhattan on April 24, 2020.
Development:
• Michael Palumbo filed major alteration job 121854323 for 420,950 sqft R-1 building with 706 apartments in Midtown East, Manhattan, on November 26, 2013.
• Michael Palumbo filed major alteration job 104888588 for J-1 building in Midtown East, Manhattan, on August 31, 2007.
• Michael Palumbo filed alteration job M01268653 for 1 sqft building with 705 apartments in Midtown East, Manhattan, on August 19, 2025.
• Michael Palumbo filed alteration job M00927932 for 1,158 sqft 70 building with 706 apartments in Midtown East, Manhattan, on November 21, 2023.
• Michael Palumbo filed alteration job M00917651 for 1,170 sqft 70 building with 706 apartments in Midtown East, Manhattan, on November 21, 2023.
• Michael Palumbo filed alteration job M00928124 for 1,158 sqft 70 building with 705 apartments in Midtown East, Manhattan, on November 20, 2023.
• Michael Palumbo filed alteration job M00928128 for 1,158 sqft 70 building with 705 apartments in Midtown East, Manhattan, on November 20, 2023.
Violations:
According to city public data, the properties have received $2,040 in OATH penalties in the last year.