Governor Kathy Hochul and New York City Mayor Eric Adams have unveiled the master plan for the Science Park and Research Campus (SPARC) Kips Bay, a new life sciences hub located on Hunter College’s Brookdale Campus at East 25th Street and First Avenue in Kips Bay. Designed to transform a city block in Manhattan, SPARC Kips Bay is expected to create over 15,000 jobs and generate an economic impact of $42 billion over 30 years.
Permits have been filed for a seven-story mixed-use building at 140 Lexington Avenue in Kips Bay, Manhattan. Located on the northwest corner of Lexington Avenue and East 29th Street, the lot is near the 28th Street subway station, serviced by the 6 train. Idan Magen is listed as the owner behind the applications.
Excavation is unfolding for Hendrix House, a 12-story residential building at 429 Second Avenue in Kips Bay, Manhattan. Designed by DXA Studio and developed by New Empire Corp., the 150-foot-tall structure will span 44,571 square feet and yield 59 condominium units and a suite of Paris Forino-designed amenity spaces. CORE Real Estate is handling sales and marketing and New Empire Builder Corp. is the general contractor for the property, which is located at the corner of Second Avenue and East 25th Street.
Construction has topped out on 609 Second Avenue, an 18-story residential building in Kips Bay, Manhattan. Designed by Fischer + Makooi Architects and developed by The Horizon Group, the 212-foot-tall structure will span 74,528 square feet and yield 65 condominium units in studio to three-bedroom layouts with sales led by Ariel Tirosh and Team at Douglas Elliman. Britt Realty is the general contractor for the project, which is located between East 33rd and 34th Streets, just south of Murray Hill.
This week CORE Real Estate held a groundbreaking ceremony for 429 Second Avenue, a 12-story residential building in Kips Bay, Manhattan. Designed by DXA Studio with amenity spaces by Paris Forino and developed by New Empire Corp., the 150-foot-tall development will yield 44,571 square feet with 59 condos units. The property is located between East 24th and 25th Streets.