49 Pine Street
Financial District, Manhattan
Parcel ID (BBL): 1000400016
Owner: Slate Property Group
Acquired: December 23, 2024, $94.5 million
Debt: December 23, 2024, $69.5 million
Built: 1902
SF: 119,467
Dwelling units: 0
No. of buildings: 1
Class: Transient Occupancy-Midtown Mn Area (H3)
Floors: 20
Transactions:
• Slate Property Group borrowed $69.5 million from Citibank for 52 William Street, Financial District, Manhattan on December 23, 2024.
• McSam Hotel Group and Andrew Rufail sold 52 William Street, Financial District, Manhattan for $94.5 million to Slate Property Group on December 23, 2024.
Development:
• David Schwartz filed major alteration job M01165150 for 118,547 sqft J-1 building with 281 apartments in Financial District, Manhattan, on January 31, 2025.
• Andrew Roufail filed major alteration job 121206373 for 109,250 sqft R-1 building with 293 apartments in Financial District, Manhattan, on October 09, 2019.
• David Schwartz filed alteration job M01257102 for 1,000 sqft building with 281 apartments in Financial District, Manhattan, on August 12, 2025.
• David Schwartz filed alteration job M01257106 for 1,000 sqft building with 281 apartments in Financial District, Manhattan, on August 12, 2025.
• David Schwartz filed alteration job M01247025 for 2,000 sqft J-1 building with 281 apartments in Financial District, Manhattan, on June 26, 2025.
• Martin Nussbaum filed alteration job M01207005 for 4,897 sqft J-1 building with 280 apartments in Financial District, Manhattan, on May 16, 2025.
• William Knight filed alteration job M00861444 for 1,760 sqft building with 280 apartments in Financial District, Manhattan, on April 19, 2023.
Most recent Schedule of Occupancy
Violations:
According to city public data, the properties have received $7,500 in ECB penalties, one housing violation, and $10,150 in OATH penalties in the last year.