980 Avenue Of The Americas
Garment District, Manhattan
Parcel ID (BBL): 1008380001
Owner: Vanbarton Group
Debt: November 10, 2025, $224 million
Built: 1986
SF: 386,382
Dwelling units: 380
No. of buildings: 1
Class: Fireproof – With Stores (D6)
Floors: 24
Transactions:
• Vanbarton Group borrowed $224 million from Invesco for 980 Avenue Of The Amer, Garment District, Manhattan on November 10, 2025.
• Vanbarton Group borrowed $242.2 million from Blackstone Group for 70 West 37th Street, Garment District, Manhattan on January 07, 2022.
• Vanbarton Group borrowed $240 million from Blackstone Mortgage Trust for 980 Avenue Of The Amer, Garment District, Manhattan on March 03, 2020.
Development:
• William Bond filed major alteration job 123579387 for 386,382 sqft R-2 building with 380 apartments in Garment District, Manhattan, on June 22, 2018.
• Pankaj Sharma filed alteration job M01371302 for 260 sqft R-2 building with 455 apartments in Garment District, Manhattan, on April 28, 2026.
• Joseph Chilelli filed alteration job M01198787 for 20 sqft building with 380 apartments in Garment District, Manhattan, on September 11, 2025.
• Joseph Chilelli filed alteration job M01198790 for 3 sqft building with 380 apartments in Garment District, Manhattan, on September 11, 2025.
• Joseph Chilelli filed alteration job M01201049 for 46 sqft building with 380 apartments in Garment District, Manhattan, on May 31, 2025.
• Joseph Chilelli filed alteration job M01118534 for building in Garment District, Manhattan, on October 15, 2024.
Violations:
According to city public data, the properties have received two housing violations and $6,090 in OATH penalties in the last year.