21 West 31 Street

Penn Plaza, Manhattan

Parcel ID (BBL): 1008330028

Acris records

Owner: Capstone Equities

Acquired: June 21, 2023, $41 million

Debt: August 12, 2025, $18.5 million

Built: 1900

Renovated: 1983

SF: 37,213

Dwelling units: 0

No. of buildings: 1

Class: Transient Occupancy-Midtown Mn Area (H3)

Floors: 8

HPD Ownership Registration Information

Last registered: 2025-09-26 (expires 2026-09-01)

Justin Adelipour

Head Officer

545 Fifth Avenue 1209 New York, NY, 10017

Life 31 Llc

Corporate Owner

545 Fifth Avenue 1209 New York, NY, 10017

Rebel Hospitality

Agent

10 West 18 Street 3rd Floor New York, NY, 10011

Eric Gonzalez

Site Manager

Transactions:

Capstone Equities borrowed $18.5 million from Deutsche Bank for 19 West 31st Street, Penn Plaza, Manhattan on August 12, 2025.

Mitchell Holdings sold 19 West 31st Street, Penn Station, Manhattan for $41 million to Capstone Equities on June 21, 2023.

• Capstone Equities on January 09, 2023 bought a loan with an original principal of $41 million from Deutsche Bank, signed by James Huddleston|Mrinal Dansingani, secured by 19 West 31st Street, Penn Station, Manhattan, when owned by Mitchell Holdings.

Development:

• Ryan Maccluskey filed plans for alteration in Penn Plaza, Manhattan, on November 13, 2025.

Justin Adelipour filed plans for alteration in Penn Plaza, Manhattan, on October 13, 2025.

• Ryan Maccluskey filed plans for alteration in Penn Plaza, Manhattan, on January 23, 2025.

• Ryan Maccluskey filed plans for alteration in Penn Plaza, Manhattan, on May 22, 2024.

• Ryan Maccluskey filed plans for alteration in Penn Plaza, Manhattan, on April 03, 2024.

Violations:

According to city public data, the properties have received $5,000 in ECB penalties and $9,335 in OATH penalties in the last year.

Leave a Reply