135 West 50th Street Office Building Conversion
Sector: Commercial • Location: New York City, New York, United States
Source: The Real Deal
A 23-story office building located at 135 West 50th Street in Midtown Manhattan, New York City, was purchased by Poorvesh Thakkar in 2024 with plans to convert it into a residential property. The building was bought at auction for $8.5 million, a significant discount from its 2006 sale price. The project has faced legal challenges due to unpaid property taxes and disputes with the landowner, Safeh
- Status
- Prospective
- Sector
- Commercial, Residential, Road
- Location
- New York City, New York, United States of America
- Updated
- 22 Jul 2026
- Source
- The Real Deal
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Project Information
Participants
| Not available for this record. |
Status
Original status | legal dispute |
Taiyo status | Prospective |
Taiyo last update | 2026-07-22 |
Contact
| Not available for this record. |
Description
Description | A 23-story office building located at 135 West 50th Street in Midtown Manhattan, New York City, was purchased by Poorvesh Thakkar in 2024 with plans to convert it into a residential property. The building was bought at auction for $8.5 million, a significant discount from its 2006 sale price. The project has faced legal challenges due to unpaid property taxes and disputes with the landowner, Safehold, who owns the land beneath the building and is seeking to eject Thakkar's firm from the property. |
Original sector | Commercial |
Budget |
Location
Country | United States of America (USA) |
State | New York |
City | New York City |
Source
Source | The Real Deal |
URL |
More Details
Record type | Project |
Sector | Commercial, Residential, Road |
Article published date | 2026-05-27 |
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