The 22-story rental apartment building at 1500 Lexington Avenue is part of a three-building complex known as Carnegie Hill Place. This one is on the southwest corner of 97th Street. 1501 Lexington Avenue, a 12-story building, is located at 1501 Lexington Avenue on the southeast corner at 97th Street. The third, 1510 Lexington Avenue, is an 18-story building located on the corner of 98th Street.

Both are a block north of a subway station and cross-town bus service and both were developed by the Kenbar Group, of which Cornelius E. Sigety and Kinne S. Yon are principals.

This building has 211 apartments of which 20 percent are "affordable."

Designed by Schuman Lichtenstein Claman & Efron, the building rises 22 stories near 96th Street, 17 stories along the rest of the avenue and 8 stories on 97th Street.

It has 17,500 square feet of retail space.

The building used unused development rights from the nearby St. Francis de Sales Roman Catholic Church to build this building taller than zoning permitted.