1487 1 Avenue
Lenox Hill, Manhattan
Parcel ID (BBL): 1014520027
Owner: Carmel Partners
Acquired: January 20, 2022, $73.5 million
Debt: September 19, 2023, $153 million
Built: 2023
Renovated: 1987
SF: 235,130
Dwelling units: 146
No. of buildings: 2
Class: Fireproof – With Stores (D6)
Floors: 35
Legacy BBLs: 1014520027
HPD Ownership Registration Information
Last registered: 2025-06-25 (expires 2026-09-01)
Jennifer Will
Head Officer
1000 Sansome Street 1st fl San Francisco, CA, 94111
Cp Vii 78Th Street Owner, Llc
Corporate Owner
1000 Sansome Street 1st fl San Francisco, CA, 94111
Grep 250N 10 Llc
Agent
280 Park Avenue 24th f New York, NY, 10017
Transactions:
• Carmel Partners borrowed $153 million from Northwestern Mutual Life Insurance for 1487 1st Avenue, Lenox Hill, Manhattan on September 19, 2023.
• Rita Chou sold 1487 1st Avenue, 1493 1st Avenue, 1489 1st Avenue, and 1491 1st Avenue, Lenox Hill, Manhattan for $73.5 million to Carmel Partners on January 20, 2022.
• Rita Chou borrowed $7.3 million from Investors Bank for 1487 1st Avenue, 1489 1st Avenue, 1491 1st Avenue, 1493 1st Avenue, Lenox Hill, Manhattan on April 15, 2020.
Development:
• Matthew Feldman filed plans for alteration in Lenox Hill, Manhattan, on November 14, 2025.
• Matthew Feldman filed plans for alteration in Lenox Hill, Manhattan, on June 01, 2025.
• Matthew Feldman filed plans for alteration in Lenox Hill, Manhattan, on February 18, 2025.
• Matthew Feldman filed plans for A3 in Lenox Hill, Manhattan, on December 17, 2024.
• Milivoj Sofranin filed plans for alteration in Lenox Hill, Manhattan, on October 22, 2024.
Most recent Zoning Diagram (ZD1)
Violations:
According to city public data, the properties have received $625 in ECB penalties and $2,625 in OATH penalties in the last year.