General ConstructionManhattanPermit Issued

Major Office to Residential Conversion at 1005 1 Avenue, Manhattan

1005 1 AVENUE, MANHATTAN, 10022 · East Midtown-Turtle Bay

Estimated Project Cost

$0

General Construction

Issued

March 30, 2026

Expires

June 20, 2026

License

General Contractor

About This Project

A significant construction project is underway in East Midtown-Turtle Bay, involving the conversion of an office building into residential units and an enlargement of the existing structure. This type of large-scale renovation can dramatically alter the urban landscape and housing availability in the neighborhood.

This permit was issued on March 30, 2026, with an estimated project cost of $66,174,990. The general contractor for this extensive work is X11 FIRST AVE LLC.

What This Means For You

Homeowners in East Midtown-Turtle Bay should note the substantial $66 million investment in converting an office building to residential use, indicating a major shift in local property development.

The Business That Did This Work

X11 FIRST AVE LLC

General Contractor · License #627223

292 MADISON AVE, 7TH FLOOR

2 permits filed · 1 neighborhoods

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Permit Details

Tracking Number958335052
Work Permit #M01216837-I1-GC
Job Filing Number
Work TypeGeneral Construction
StatusPermit Issued
Job DescriptionApplication filed for an office to residential conversion and enlargement to the existing building.
Floor / UnitCellar, Cellar, Cellar, Cellar, Cellar, Cellar, Floor Number(s) 1, Floor Number(s) 1, Floor Number(s) 1, Floor Number(s) 1, Floor Number(s) 1, Floor Number(s) 2, Floor Number(s) 2, Floor Number(s) 2,
Estimated Cost$66,174,990
ApprovedJanuary 16, 2026
IssuedMarch 30, 2026
ExpiresJune 20, 2026
BBL
BIN

Property Owner

X11 First Ave LLC

Joseph Chilelli

Related Searches

general constructionEast Midtown-Turtle BayNew York Citybuilding conversionresidential developmentlarge-scale renovation$66M project

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