228 East 54 Street
Midtown East, Manhattan
Parcel ID (BBL): 1013270035
Owner: Empire Management
Debt: April 08, 2026, $10 million
Built: 1920
Renovated: 1974
SF: 31,105
Dwelling units: 0
No. of buildings: 1
Class: Office with Comm — 7 to 19 stories (O6)
Floors: 9
Transactions:
• None borrowed $10 million from None for 226 East 54th Street, Midtown East, Manhattan on April 08, 2026.
• Stillwater Asset Management on April 04, 2022 bought a loan with an original principal of $12.6 million from Webster Bank, signed by John Burke, secured by 226 East 54th Street, Midtown East, Manhattan, when owned by Empire Management.
• Stillwater Asset Management on March 29, 2022 bought a loan with an original principal of $12.6 million from Webster Bank, signed by John Burke, secured by 226 East 54th Street, Midtown East, Manhattan, when owned by Empire Management.
Development:
• Ramin Shalom filed major alteration job 123848373 for 31,105 sqft E building in Midtown East, Manhattan, on February 19, 2020.
• Fred Ohebshalom filed major alteration job 103311293 for E building in Midtown East, Manhattan, on November 12, 2002.
• James Grau filed alteration job M00755296 for 3,650 sqft E building with 0 apartments in Midtown East, Manhattan, on October 04, 2022.
• Nicole Reposa filed alteration job M00748794 for 1 sqft building with 0 apartments in Midtown East, Manhattan, on August 19, 2022.
• Ramin Shalom filed alteration job M00502731 for 1,500 sqft A-2 building with 0 apartments in Midtown East, Manhattan, on April 20, 2021.
• Ramin Shalom filed alteration job M00203760 for 5,000 sqft B building with 0 apartments in Midtown East, Manhattan, on September 23, 2019.
• Ramin Ohebshalom filed alteration job 123893288 for B building with 0 apartments in Midtown East, Manhattan, on April 25, 2019.
Litigation:
• Stillwater Asset Management filed a $12.6 million pre-foreclosure 850484/2025 on November 05, 2025, against Empire Management, Sky Management, Fred Ohebshalom, Benjamin Ohebshalom and Jonathan Ohebshalom at 226 East 54 Street.
• Stillwater Asset Management filed a $12.6 million pre-foreclosure 850260/2022 on December 08, 2022, against Empire Management, Fred Ohebshalom, Jonathan Ohebshalom and Benjamin Ohebshalom at 226 East 54 Street.
Violations:
According to city public data, the properties have received $5,350 in OATH penalties in the last year.