Major Commercial to Residential Conversion at 592 7 Avenue, Manhattan
592 7 AVENUE, Manhattan, 10036 · Midtown-Times Square
What was permitted
This significant project involves the alteration and conversion of an existing commercial building into residential units. Homeowners and property investors in Midtown-Times Square can observe the scale of transformation happening in the neighborhood.
The permit for this extensive general construction work was issued on July 13, 2026, with an estimated project cost of $126,379,837. URBAN ATELIER GROUP LLC is listed as the general contractor for this ambitious undertaking.
A substantial commercial building in Midtown-Times Square is undergoing a multi-million dollar conversion to residential use, indicating significant investment in the area's housing stock.
What it cost
Issued
July 13, 2026
Expires
December 1, 2026
License
General Contractor
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Filed by URBAN ATELIER GROUP LLC · 40 permits across 10 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 | 171060768 |
| Work Permit # | M01157068-I1-GC |
| Job Filing Number | — |
| Work Type | General Construction |
| Status | Permit Issued |
| Job Description | Alteration and conversion of existing commercial building to residential. |
| Floor / Unit | Sub-Cellar 1, Sub-Cellar 1, Cellar, Cellar, Cellar, Cellar, Cellar, Cellar, Floor Number(s) 1, Floor Number(s) 1, Mezzanine 1, Floor Number(s) 3, Floor Number(s) 3, Floor Number(s) 4, Floor Number(s) |
| Estimated Cost | $126,379,837 |
| Approved | July 18, 2025 |
| Issued | July 13, 2026 |
| Expires | December 1, 2026 |
| BBL | — |
| BIN | — |
Property Owner
Apollo RE Credit, 10th floor
Mario Ramirez