General ConstructionManhattanPermit Issued

New Mixed-Use Building Construction at 1487 First Avenue, Manhattan

1487 FIRST AVENUE, MANHATTAN, 10075 · Upper East Side-Lenox Hill-Roosevelt Island

1

What was permitted

This permit application is for the construction of an entirely new mixed-use residential building. This signifies a significant development project in the Upper East Side neighborhood.

The permit was issued on April 16, 2026, with a substantial estimated cost of $30,000,000. CARMEL CONSTRUCTION EAST is the general contractor for this large-scale project.

New mixed-use residential building projects on the Upper East Side can cost upwards of $30 million.

2

What it cost

$30,000,000reported on this filing

Issued

April 16, 2026

Expires

June 1, 2026

License

General Contractor

3

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Filed by CARMEL CONSTRUCTION EAST · 2 permits across 2 neighborhoods

View the official permit record

Tracking number, work description, cost, and dates

+
Tracking Number276061513
Work Permit #M00648391-I1-GC
Job Filing Number
Work TypeGeneral Construction
StatusPermit Issued
Job DescriptionFILING FOR A NEW BUILDING MIXED USE RESIDENTIAL
Floor / UnitFloor Number(s) 1, Floor Number(s) 1
Estimated Cost$30,000,000
ApprovedAugust 24, 2023
IssuedApril 16, 2026
ExpiresJune 1, 2026
BBL
BIN

Property Owner

CP VII 78TH STREET OWNER LLC

MATTHEW FELDMAN

Related Searches

new buildingmixed-use residentialUpper East SideManhattanpermit issued$30,000,000