General Construction at 450 Lexington Avenue, Manhattan
450 LEXINGTON AVENUE, MANHATTAN, 10017 · East Midtown-Turtle Bay
What was permitted
A substantial general construction permit has been issued for interior demolition and subsequent installation of non-bearing partitions, doors, and finishes at 450 Lexington Avenue in Manhattan. This project is designed as a tenant fit-out, meaning it's preparing a space for a new occupant without changing the building's core use or occupancy.
Issued on June 17, 2026, this permit has a significant estimated project cost of $5,059,965 and is being executed by JT MAGEN & COMPANY INC. This type of extensive interior renovation is common in commercial office spaces.
Commercial property owners and tenants in East Midtown-Turtle Bay should anticipate high costs, potentially over $5 million, for comprehensive interior fit-outs and demolitions in prime Manhattan locations like 450 Lexington Avenue.
What it cost
Issued
June 17, 2026
Expires
September 30, 2026
License
General Contractor
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Filed by JT MAGEN & COMPANY INC · 109 permits across 8 neighborhoods
View the official permit record
Tracking number, work description, cost, and dates
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View the official permit record
Tracking number, work description, cost, and dates
| Tracking Number | 262933766 |
| Work Permit # | M01407513-I1-GC |
| Job Filing Number | — |
| Work Type | General Construction |
| Status | Permit Issued |
| Job Description | Interior demolition and installation of non-bearing partitions, doors and finishes related to tenant fit out. No change in use, egress or occupancy. |
| Floor / Unit | Floor Number(s) 6 through 6 |
| Estimated Cost | $5,059,965 |
| Approved | June 10, 2026 |
| Issued | June 17, 2026 |
| Expires | September 30, 2026 |
| BBL | — |
| BIN | — |
Property Owner
RXR PO OWNER LLC
Terence Fraser