What was permitted
This project involves the conversion of a property from office (B) occupancy to residential (R-2) occupancy, as per NYC zoning regulations. The building is located in the Midtown-Times Square neighborhood.
The permit was issued on March 30, 2026, with an estimated cost of $82,107,905. The contractor for this large-scale project is CONSIGLI CONSTRUCTION CO.
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View the official permit record
Tracking number, work description, cost and dates
View the official permit record
Tracking number, work description, cost and dates
| Tracking number | 521060318 |
|---|---|
| Work permit # | M01195246-I1-GC |
| Job filing number | — |
| Work type | General Construction |
| Status | Permit Issued |
| Job description | CONVERSION FROM OFFICE (B) OCCUPANCY TO RESIDENTIAL (R-2) OCCUPANCY PURSUANT TO ARTICLE I, CHAPTER V OF THE NYC ZONING RESOLUTION AND ARTICLE 7B OF THE NYS MULTIPLE DWELLING LAW FOR RESIDENTIAL CONVERSION |
| Floor / unit | Sub-Cellar 1, Sub-Cellar 1, Cellar, Cellar, Cellar, Floor Number(s) 1, Floor Number(s) 1, Floor Number(s) 1, Floor Number(s) 2, Floor Number(s) 2, Floor Number(s) 3, Floor Number(s) 3, Floor Number(s) |
| Estimated cost | $82,107,905 |
| Approved | February 3, 2026 |
| Issued | March 30, 2026 |
| Expires | June 1, 2026 |
| BBL | — |
| BIN | — |
Property owner
Yellowstone Real Estate
Tomer Posner
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