# 460 Park Avenue, Manhattan

Commercial · built 1954 · Block 1293, Lot 35.

On Umarelli: https://umarelli.org/nyc/1012930035/460-park-avenue

More construction in Midtown: https://umarelli.org/nyc/manhattan/midtown.md

## Building permits

- Alteration, filed Oct 26, 2026, estimated cost $2.0M, described as “Foundation work filed herewith as per plans”
- Alteration, filed Sep 29, 2026, estimated cost $10K, described as “Installation of a temporary spyder mini crane as per plans during general construction work. No change in use, egress or occupancy under this application. Mini spyder crane shall comply with chapter 33 of NYC building code of 2022.”
- Alteration, filed Jul 2, 2026, estimated cost $10K, described as “Equipment use: installation of a personnel construction hoist complex as per plans. No change in use, egress or occupancy under this application. Hoist installed in compliance with chapter 33 of 2022 NYC building code.”
- Alteration, filed Mar 20, 2026, estimated cost $167K, described as “Job filed herewith (in conjunction with DOBNOW-Application# M01211696-S8) to outline means/methods for the proposed temporary shoring & to support the repositioning of a 22 story building located at the northwest corner of east 57th…”
- Alteration, filed Jan 16, 2026, estimated cost $10K, described as “Installation of temporary construction fence as per plans during general construction work. No change in use, egress or occupancy. Fence shall comply with chapter 33 of NYC building code of 2022.”
- Alteration, filed Dec 17, 2025, estimated cost $780K, described as “Mechanical means of Demolition. Demo of Structural Elements can be found under Job M01211696-S8 (Including Slabs and Framing Removal from Sub Cellar through the EMR level). No change in use, egress or occupancy.”
- Alteration, filed Oct 14, 2025, estimated cost $5K, described as “Installation of a heavy duty sidewalk shed (partially installed in roadway) as per plans. No change in use, egress or occupancy. Sidewalk shed to comply with 2022 NYC building code, chapter 33.”
- Alteration, filed Oct 14, 2025, estimated cost $5K, described as “Installation of a supported scaffold as per plans during general construction. No change in use, egress or occupancy. Scaffold to comply with 2022 NYC building code, chapter 33.”
- Alteration, filed Jun 18, 2025, estimated cost $26.8M, described as “Installation of NEW core and shell systems, enclosure wall systems & new construction of interior spaces including the exterior envelope work & minor alterations to existing egress conditions.”
- Alteration, filed Jun 4, 2025, estimated cost $5.0M, described as “Demolition scope filed herewith to capture the Removal of exterior wall, roofing and of interior non load bearing partitions and related finishes”
- Alteration, filed Jan 17, 2025, estimated cost $160K, described as “Modifications to existing plumbing/sprinkler systems as per plans filed herewith”
- Alteration, filed Jan 17, 2025, estimated cost $50K, described as “Alterations to existing mechanical systems as per plans filed herewith.”
- Alteration, filed Jan 16, 2025, estimated cost $1.1M, described as “Removal & installation of interior non load bearing partitions and related finishes. No change in use, egress or occupancy”
- Alteration, filed Mar 31, 2023, estimated cost $45K, described as “A voluntary partial remediation of existing non-compliant accessibility barriers as per plans filed herewith. No change in use, occupancy, or egress proposed.”
- Alteration, filed Jul 25, 2022, estimated cost $260K, described as “Filing herewith interior renovation of existing 19th floor space. No change in use, egress or occupancy.”
- Alteration, filed Jul 20, 2022, estimated cost $16K, described as “Plans filed herewith for sprinkler work in existing 7th and 17th floor space. No change in use, egress or occupancy.”
- Alteration, filed Jul 20, 2022, estimated cost $8K, described as “Filing herewith plumbing work in existing 7th and 17th floor space. No change in use, egress or occupancy.”
- Alteration, filed Jul 20, 2022, estimated cost $8K, described as “Filing herewith for minor interior mechanical work within an existing 7th and 17th floor space. No change in use, egress or occupancy.”
- Alteration, filed Jul 19, 2022, estimated cost $10K, described as “Filling herewith sprinkler work to existing 19th floor space. No change in use, egress or occupancy.”
- Alteration, filed Jul 19, 2022, estimated cost $15K, described as “Filing herewith mechanical work to existing 19th floor space. No change in use, egress or occupancy.”
- Alteration, filed Jul 18, 2022, estimated cost $281K, described as “Filing herewith interior renovations of existing 7th and 17th floor space. No change in use, egress or occupancy”
- Alteration, filed May 18, 2021, estimated cost $193K, described as “Filing herewith interior demolition and renovation to an existing space as per plans filed herewith. No change to use, egress or occupancy.”
- Alteration, filed May 11, 2021, estimated cost $40K, described as “Filing herewith installation of Domestic Booster Pump on the 22nd FL. as per plans filed herewith. No change to use, egress or occupancy.”
- Alteration, filed May 11, 2021, estimated cost $11K, described as “Filing herewith modification to the existing sprinkler system on the 22nd FL. as per plans filed herewith. No change to use, egress or occupancy.”
- Alteration, filed May 11, 2021, estimated cost $25K, described as “Filing herewith Mechanical work as per plans filed herewith. No change to use, egress or occupancy.”

4 more, older permits are in this building’s full list on the map: https://umarelli.org/nyc/1012930035/460-park-avenue.

## Property taxes

- Assessment: $57,622,950
- Market value (city estimate): $128,051,000
- Taxable value: $0
- Assessed land: $11,520,000
- Assessed improvements: $46,102,950

## Tax breaks

- IDA PILOT, with no end date.

## Zoning

C5-3: floor area ratio 18.83 built, above the 15.00 base zoning allows, which bonuses, transfers or older rules can permit.

## Flood zone

Current FEMA flood map: zone X, minimal flood hazard.

## Board and land use applications

- RITZ TOWER (City Planning P2006M0050): Completed, decided Nov 1, 2005. LANDMARK-CITY COLLEGE OF NY, REMSEN CEMETERY,TROTTING\*COURSE LA; Additional LPC #(s): 559

## In the news

[$200 Million Redevelopment Of 460 Park Avenue Begins In Midtown East, Manhattan](https://newyorkyimby.com/2026/07/kita-launches-200-million-redevelopment-of-460-park-avenue-in-midtown-manhattan.html), New York YIMBY, Jul 28, 2026.

From New York City and Jersey City public records, refreshed within a day of each release. Sources: https://umarelli.org/sources. Methodology and corrections: https://umarelli.org/methodology