616 First Avenue | The Real Deal New York

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616 First Avenue

616 First Avenue
New York, NY 10016
646-625-3640
  • Address 616 First Avenue
  • neighborhood Murray Hill
  • borough Manhattan
  • owner JDS Development Group
  • developer JDS DEVELOPMENT GROUP
  • owner entity 616 FIRST AVENUE LLC
  • architect Otte Architecture
  • PLANS DISCLOSED 04/02/2013
  • dob permit issued 06/23/2017
  • tco issued 11/25/2016
  • DOB FILE PLANS 04/02/2013
  • DOB FILE Link
  • height in feet 511
  • floors 47
  • residential units 761
  • total units 761
  • square feet 823,973
  • const. status BUILDING COMPLETE
  • block and lot 1-00967-0001
  • BIN 1089237

01/24/14
...crane on the site of Michael Stern’s 616 First Avenue development punched a hole in an adjacent school. The Real Deal reported the allegation...

03/15/13
...Group was a partner in the acquisition of 616 First Avenue. The firm is not involved...

05/29/12
...the New York Post reported. The site, at 616 First Avenue between 35th and 36th streets, has 730,240 buildable square feet with permits in place for...
  • Event Financing
  • Address 626 First Avenue
  • Neighborhood Murray Hill
  • Borough Manhattan
  • Square feet 922,828
  • Price $ 500,000,000
notes
The company secured a $500 million senior loan for the multifamily two rental towers with ground-retail.
  • Event Financing
  • Address 626 First Avenue
  • Neighborhood Murray Hill
  • Borough Manhattan
  • Square feet 922,828
  • Price $ 160,000,000
notes
The company secured a $160 mezzanine loan for the multifamily two rental towers with ground-retail.
  • Event Sales
  • Address 616 First Avenue
  • Neighborhood Murray Hill
  • Borough Manhattan
  • Square feet 880,000
  • Price $ 172,130,000
  • Price per foot $ 195.60
notes
The full block sold for $172.13 million. The buyers plan to build two apartment towers totaling 800 units.
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