27 West 32 Street

Owner: Joonggab Kwon

Debt: June 28, 2024, $15 million

Built: 1906

SF: 26,246

Dwelling units: 0

No. of buildings: 1

Class: Stores, Apartments Above (K4)

Floors: 6

Transactions:

• Joonggab Kwon borrowed $15 million from Bank of Hope for 25 West 32nd Street, Penn Plaza, Manhattan on June 28, 2024.

Development:

• Kingston Shih filed major alteration job M00486591 for 25,824 sqft COM building with 0 apartments in Penn Station, Manhattan, on April 07, 2021.

• Kingston Shih filed major alteration job 123574284 for 25,909 sqft A-2 building in Penn Station, Manhattan, on June 19, 2018.

• Kingston Shih filed alteration job M01335720 for 500 sqft COM building with 0 apartments in Penn Plaza, Manhattan, on February 07, 2026.

• Kingston Shih filed alteration job M01346093 for 100 sqft building with 0 apartments in Penn Plaza, Manhattan, on January 21, 2026.

• Kingston Shih filed alteration job M01291413 for 4,000 sqft COM building with 0 apartments in Penn Plaza, Manhattan, on October 31, 2025.

• Kingston Shih filed alteration job M08015315 for 1,624 sqft COM building with 0 apartments in Penn Station, Manhattan, on December 06, 2022.

• Kingston Shih filed alteration job M00692894 for 2,200 sqft COM building with 0 apartments in Penn Station, Manhattan, on March 09, 2022.

Violations:

According to city public data, the properties have received $1,950 in OATH penalties in the last year.