343 West 35 Street
Garment District, Manhattan
Parcel ID (BBL): 1007590018
Owner: New World Art Center
Debt: May 04, 2026, $0
Built: 1927
Renovated: 1989
SF: 73,106
Dwelling units: 66
No. of buildings: 1
Class: Fireproof – With Stores (D6)
Floors: 12
Transactions:
• Hakimian Organization on May 04, 2026 bought a loan with an original principal of $34 million from Shanghai Commercial Bank, signed by Nim Chi Lau, secured by 335 West 35th Street, Garment District, Manhattan, when owned by New World Art Center.
• New World Art Center borrowed $34 million from Shanghai Commercial & Savings Bank for 335 West 35th Street, Hudson Yards, Manhattan on January 28, 2021.
Development:
• New World Art Center filed major alteration job 121507208 for 69,891 sqft R-2 building with 66 apartments in Garment District, Manhattan, on January 25, 2013.
• Martin Meyer filed major alteration job 103779555 for COM building in Garment District, Manhattan, on May 17, 2004.
• Ted Chen filed alteration job M07996924 for 1 sqft building with 0 apartments in Garment District, Manhattan, on September 06, 2022.
• Ted Chen filed alteration job M07996929 for 1 sqft building with 0 apartments in Garment District, Manhattan, on September 06, 2022.
• Ted Chen filed alteration job M00668475 for 950 sqft R-2 building with 66 apartments in Garment District, Manhattan, on March 28, 2022.
• Ted Chen filed alteration job M00476475 for R-2 building with 66 apartments in Garment District, Manhattan, on February 17, 2021.
• Kamaljit Singh filed alteration job M00417213 for 10,000 sqft building with 0 apartments in Garment District, Manhattan, on December 03, 2020.
Litigation:
• Shanghai Commercial Bank filed a $34 million pre-foreclosure 850240/2024 on July 10, 2024, against New World Art Center at 335 West 35 Street.
• Julie Chen, Lucia Chen, Ted Chen and Tsing Feng Chen on March 18, 2024, filed a $50 million bankruptcy 24-10438-jpm for 335 West 35 Street that has creditor Shanghai Commercial Bank and Shanghai Commercial & Savings Bank.
• Shanghai Commercial Bank and Shanghai Commercial & Savings Bank filed a $20.9 million pre-foreclosure 850013/2024 on January 17, 2024, against New World Art Center at 335 West 35 Street.
• Julie Chen, Lucia Chen, Ted Chen and Tsing Feng Chen on January 05, 2024, filed a $60.6 million bankruptcy 24-10015-jpm for 335 West 35 Street that has creditor Shanghai Commercial Bank and Shanghai Commercial & Savings Bank.
Condominium:
• Ted Chen filed plans CD180067 on February 09, 2018 for 67-unit condominium called Society House Condominium at 335 West 35th Street.
Violations:
According to city public data, the properties have received four DOB violations, $58,680 in ECB penalties, and $58,680 in OATH penalties in the last year.