1516 Park Avenue

1516 Park Avenue Nears Completion in East Harlem, Manhattan

Construction is nearing completion on 1516 Park Avenue, a 12-story residential building in East Harlem, Manhattan. Designed by Karl Fischer Architect and developed by Isaac Schwartz, the structure will yield 44 residences, of which 18 are designated as affordable housing, as well as ground-floor retail space. Foremost Contracting & Building is the general contractor for the property, which is located at the corner of Park Avenue and East 111th Street.

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Housing Lottery Launches for 1516 Park Avenue in East Harlem, Manhattan

The affordable housing lottery has launched for 1516 Park Avenue, a 12-story mixed-use building in East Harlem, Manhattan. Designed by Karl Fischer and developed by Isaac Schwartz, the structure yields 44 residences. Available on NYC Housing Connect are 18 units for residents at 130 percent of the area median income (AMI), ranging in eligible income from $70,286 to $187,330.

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1516 Park Avenue, rendering by Karl Fischer Architect

Revealed: 1516 Park Avenue, East Harlem

East Harlem may be experiencing a renaissance, but the stretch of Park Avenue covered by the elevated Metro-North Railroad tracks remains inhospitable and littered with vacant lots. Now, development may be coming to a barren stretch at 1516 Park Avenue, between 110th and 111th streets.

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