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135 West 50th Street Office Building Conversion

Sector: Commercial • Location: New York City, New York, United States

Source: The Real Deal

Project
Legal Dispute

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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The project “135 West 50th Street Office Building Conversion” is an infrastructure initiative in the Commercial sector, located in New York City, New York, United States. Taiyo aggregates data on it from The Real Deal.

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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