162 West 25 Street
Chelsea, Manhattan
Parcel ID (BBL): 1008000071
Owner: Lam Group
Debt: February 04, 2025, $40 million
Built: 2001
SF: 55,916
Dwelling units: 0
No. of buildings: 1
Class: Transient Occupancy-Midtown Mn Area (H3)
Floors: 21
Transactions:
• Lam Group borrowed $40 million from Metropolitan Commercial Bank for 160 West 25th Street, Chelsea, Manhattan on February 04, 2025.
Development:
• Jim Vock filed plans for A3 in Chelsea, Manhattan, on January 18, 2002.
• Yuk Jun Lin filed plans for A3 in Chelsea, Manhattan, on April 02, 2002.
• Sam Chang filed plans for A3 in Chelsea, Manhattan, on June 05, 2003.
• Hung Luk filed plans for A3 in Chelsea, Manhattan, on August 18, 2003.
• John Lam filed plans for alteration in Chelsea, Manhattan, on March 17, 2004.
Litigation:
• Kin Chung Lam filed a $6.2 million lawsuit 652243/2022 against Milestone Capital International on May 12, 2022,seeking a money judgment related to contractat 160 West 25 Street.
Violations:
According to city public data, the properties have received one DOB violation, $5,000 in ECB penalties, and $8,800 in OATH penalties in the last year.