What was permitted
Homeowners in Gramercy can see the scale of major renovations with this permit for general construction work on multiple floors of a building at 2 Lexington Avenue. This project involves significant upgrades to guestrooms, offering insight into the costs associated with large-scale hospitality or residential building improvements.
This substantial project, with a permit issued on August 28, 2026, has an estimated cost of $13,182,381. The general contractor for this extensive renovation is LORENZOS GENERAL CONTRACT.
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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 | 543815794 |
|---|---|
| Work permit # | M01178920-I1-GC |
| Job filing number | — |
| Work type | General Construction |
| Status | Permit Issued |
| Job description | General Construction renovations related to guestrooms on floors 3-16th (17th market). |
| Floor / unit | Floor Number(s) 003 through 016 |
| Estimated cost | $13,182,381 |
| Approved | May 16, 2025 |
| Issued | August 28, 2026 |
| Expires | February 26, 2027 |
| BBL | — |
| BIN | — |
Property owner
MCR Hotels
Pete Foster
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