1553 Broadway
Times Square, Manhattan
Parcel ID (BBL): 1010180026
Owner: Wharton Properties
Debt: March 02, 2026, $176 million
Built: 2008
SF: 15,450
Dwelling units: 0
No. of buildings: 1
Class: Two Story or Store and Office (K2)
Floors: 3
Transactions:
• Wharton Properties borrowed $176 million from Acore Capital for 1551-1553 Broadway and 1555 Broadway, Times Square, Manhattan on March 02, 2026.
Development:
• Andrew Lester filed new building job 110030822 for C building in Times Square, Manhattan, on November 20, 2007.
• Andrew Vandeer Veen filed new building job 104471787 for C building in Times Square, Manhattan, on June 21, 2006.
• Andrew Vanderveen filed major alteration job 104379192 for COM building in Times Square, Manhattan, on March 15, 2006.
• Valon Gjonbalaj filed alteration job M01380313 for 2,700 sqft building with 0 apartments in Times Square, Manhattan, on April 08, 2026.
• Valon Gjonbalaj filed alteration job M01370700 for 1 sqft 56 building with 0 apartments in Times Square, Manhattan, on March 20, 2026.
• Valon Gjonbalaj filed alteration job M01343634 for 1 sqft 56 building with 0 apartments in Times Square, Manhattan, on January 26, 2026.
• Valon Gjonbalaj filed alteration job M01343632 for 1 sqft building with 0 apartments in Times Square, Manhattan, on January 26, 2026.
• Valon Gjonbalaj filed alteration job M01088697 for 6,041 sqft M building with 0 apartments in Times Square, Manhattan, on August 08, 2024.
Litigation:
• Series 2011-GC5 and LNR Partners filed a $180 million pre-foreclosure 653617/2022 on September 30, 2022, against Wharton Properties and Jeff Sutton at 1551 Broadway.
Violations:
According to city public data, the properties have received $3,375 in OATH penalties in the last year.