1281 2 Avenue

Owner: Black Spruce Management

Acquired: May 01, 2023, $402.6 million

Debt: September 11, 2020, $148.8 million

Built: 1979

Renovated: 2015

SF: 490,652

Dwelling units: 322

No. of buildings: 12

Class: Fireproof – With Stores (D6)

Floors: 45

HPD Ownership Registration Information

Last registered: 2025-08-20 (expires 2026-09-01)

Transactions:

• Solow Realty & Development sold 1261 2nd Avenue, Lenox Hill, Manhattan for $402.6 million to Black Spruce Management and Orbach Affordable Housing Solutions on May 01, 2023.

• Solow Realty & Development borrowed $148.8 million from Walker & Dunlop for 1261 2nd Avenue, Lenox Hill, Manhattan on September 11, 2020.

Development:

• Anthony Calicchio filed alteration job M01408321 for 30,100 sqft J-2 building with 301 apartments in Lenox Hill, Manhattan, on June 19, 2026.

• Anthony Calicchio filed alteration job M01391505 for 490,652 sqft J-2 building with 301 apartments in Lenox Hill, Manhattan, on April 24, 2026.

• Anthony Calicchio filed alteration job M01116739 for 240 sqft R-2 building with 322 apartments in Lenox Hill, Manhattan, on October 01, 2024.

• Anthony Calicchio filed alteration job M00980537 for building in Lenox Hill, Manhattan, on December 21, 2023.

• Harpreet Singh filed alteration job M00966649 for 600 sqft building with 322 apartments in Lenox Hill, Manhattan, on November 24, 2023.

Violations:

According to city public data, the properties have received three DOB violations, $6,875 in ECB penalties, 26 housing violations, $4,375 in OATH penalties, and one housing litigation in the last year.

Latest Stories:

• Black Spruce, Orbach pay $402.6M to Solow Realty for 332-unit rental in Lenox Hill (May 02, 2023)