Mixed use · New York, New York
20 West 37th Street
20 West 37th Street is financed with a $27.5M CMBS loan at 4.732% that reaches maturity on January 6, 2027, in 2 months. As of the Oct 2026 servicer report its status is with the special servicer and 90+ days delinquent.
The loan
- Balance in tracked trusts
- $27,500,000
- Original balance (same notes)
- $27,500,000
- Interest rate
- 4.732% fixed
- Originated
- December 8, 2016
- Maturity
- January 6, 2027
- Payments
- Interest only for the full term
- Prepayment lockout ended
- April 5, 2019
- Originator
- GSMC
Status
- Payment status
- 90+ days delinquent (code 3)
- Special servicing
- Transferred January 29, 2024
- Workout strategy
- REO
- Advancing
- The servicer has stopped advancing on this loan (non-recoverable)
- Defeasance
- None reported
The property
- Address
- 20 West 37th Street, New York, NY 10018
- Metro
- New York-Newark-Jersey City, NY-NJ
- Rentable area
- 82,350 sq ft
- Units, rooms or beds
- 12
- Built
- 1912, renovated 2010
- Largest tenants
- Matrix; Cue Club; JTTC JC d/b/a TC ELECTRIC
- Value at securitization
- $54.0M (Nov 2016)
Performance
| At securitization | Latest | |
|---|---|---|
| DSCR (NOI) | 1.73x | n/a |
| Occupancy | 100% | n/a |
| Net operating income | $2.3M | n/a |
Watch flags
Computed from the GS Mortgage Securities Trust 2017-GS5 filing for the reporting period ending October 6, 2026, filed with the SEC October 22, 2026.
- With the special servicer
- 30+ days delinquent or matured unpaid
- Matures within 12 months
- Servicer stopped advancing
On the cmbs.news watch list in all 12 monthly reports we hold (November 2025 to October 2026).
cmbs.news's own rule-based labels on the filed fields (definitions), not a credit rating, a prediction or a view of the borrower.
What the filing shows
- The most recent valuation in the filing is $21.0M (June 2, 2026), against $54.0M at securitization.
The last 12 monthly reports
| Report month | Balance | Payment status | Special servicer | DSCR | Occupancy |
|---|---|---|---|---|---|
| October 2026 | $27.5M | 90+ days delinquent | Yes | n/a | n/a |
| September 2026 | $27.5M | 90+ days delinquent | Yes | n/a | n/a |
| August 2026 | $27.5M | 90+ days delinquent | Yes | n/a | n/a |
| July 2026 | $27.5M | 90+ days delinquent | Yes | n/a | n/a |
| June 2026 | $27.5M | 90+ days delinquent | Yes | n/a | n/a |
| May 2026 | $27.5M | 90+ days delinquent | Yes | n/a | n/a |
| April 2026 | $27.5M | 90+ days delinquent | Yes | -0.53x | 32% |
| March 2026 | $27.5M | 90+ days delinquent | Yes | -0.53x | 32% |
| February 2026 | $27.5M | 90+ days delinquent | Yes | -0.53x | 32% |
| January 2026 | $27.5M | 90+ days delinquent | Yes | -0.50x | 32% |
| December 2025 | $27.5M | 90+ days delinquent | Yes | -0.50x | 32% |
| November 2025 | $27.5M | 90+ days delinquent | Yes | -0.50x | 32% |
From each trust's ABS-EE filing for that month. Coverage and occupancy change only when the servicer reports new statements. If one trust holding a piece of the loan skipped a month, that month's balance reads low.
Special-servicing history
- Transferred to the special servicer January 29, 2024, still there.
Transfer and return dates as reported in the filings of the past year; an earlier episode shows here only if a filing in that year still reports it.
Where the loan sits
One trust holds this loan in the data.
| Trust | Loan no. | Balance | Report period | Source |
|---|---|---|---|---|
| GS Mortgage Securities Trust 2017-GS5 | 16 | $27,500,000 | Oct 2026 | SEC filing, October 22, 2026 |
Other New York-Newark-Jersey City loans due in 2027
| Property | Location | Type | Balance | Rate | Matures | DSCR | Occ. | Status |
|---|---|---|---|---|---|---|---|---|
| General Motors Building | New York, NY | Mixed use | $726.3M | 3.43% | Jun 2027 | 2.58x | 99% | Current |
| 245 Park Avenue | New York, NY | Office | $700.0M | 3.669% | Jun 2027 | 2.08x | 97% | Current |
| Yorkshire Towers | New York, NY | Multifamily | $318.0M | 3.04% | Jun 2027 | n/a | n/a | Current |
| Olympic Tower | New York, NY | Mixed use | $280.0M | 3.954% | May 2027 | n/a | n/a | Current |
| 85 Broad Street | New York, NY | Office | $241.0M | 3.693% | Jun 2027 | 2.28x | 62% | With the special servicer |
| 225 & 233 Park Avenue South | New York, NY | Office | $235.0M | 3.651% | Jun 2027 | -0.14x | 29% | Current |
| Worldwide Plaza | New York, NY | Office | $235.0M | 3.605% | Nov 2027 | 1.49x | 62% | With the special servicer and 90+ days delinquent |
| 237 Park Avenue | New York, NY | Office | $215.4M | 3.752% | Aug 2027 | 3.71x | 89% | Current |
All loans maturing in 2027 · All New York-Newark-Jersey City loans
Source: each trust's ABS-EE asset-data exhibit (Regulation AB Schedule AL) on SEC EDGAR, reporting period ending October 6, 2026. Servicers report these figures; cmbs.news does not audit them. How this page is built.