American Copper Building
Murray Hill, Manhattan
Parcel ID (BBL): 1009670001
Owner: Black Spruce Management
Acquired: March 14, 2022, $837 million
Debt: August 15, 2025, $525.1 million
Built: 2014
SF: 922,828
Dwelling units: 761
No. of buildings: 3
Class: Luxury Type (D8)
Floors: 47
Legacy BBLs: 1009670001
Transactions:
• Black Spruce Management and Orbach Affordable Housing Solutions borrowed $525.1 million from Arbor Realty Trust for 616-626 1st Avenue, Murray Hill, Manhattan on August 15, 2025.
• Black Spruce borrowed $611.5 million from JPMorgan Chase for 616-626 First Avenue, Murray Hill, Manhattan on March 14, 2022.
• JDS Development Group sold 616-626 First Avenue, Murray Hill, Manhattan for $837 million to Black Spruce Management on March 14, 2022.
Development:
• Anthony Calicchio filed plans for alteration in Murray Hill, Manhattan, on August 19, 2025.
• Anthony Calicchio filed plans for alteration in Murray Hill, Manhattan, on February 22, 2024.
• Michael Stern filed plans for alteration in Murray Hill, Manhattan, on July 25, 2022.
• Michael Stern filed plans for alteration in Murray Hill, Manhattan, on July 18, 2022.
• Michael Stern filed plans for alteration in Murray Hill, Manhattan, on July 18, 2022.
Litigation:
• Roxy Wu and Airea LLC filed a $255,273 lawsuit 650176/2025 against Black Spruce Management on January 10, 2025,seeking a money judgment related to commissionat 626 1 Avenue.
• Roxy Wu and USWoo Realty filed a $86,388 lawsuit 650170/2025 against Black Spruce Management on January 10, 2025,seeking a money judgment related to commissionat 626 1 Avenue.
• A $194,333 lawsuit was filed 652458/2024 against JDS Development Group and Michael Stern on May 10, 2024,seeking a money judgment related to constructionat 626 1 Avenue.
• D&D Electric Construction Company filed a $2 million lawsuit against JDS Development Group on September 29, 2021,seeking a money judgment related to constructionat 626 1 Avenue.
Violations:
According to city public data, the properties have received $4,000 in OATH penalties in the last year.