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Master Plan Revealed for SPARC Life Science and Public Health Innovation Hub in Kips Bay, Manhattan

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.

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Gemma Gramercy Finishes Construction at 202 East 23rd Street in Gramercy Park, Manhattan 

Construction is complete on Gemma Gramercy, a 20-story residential building at 202 East 23rd Street in Gramercy Park, Manhattan. Designed by Hill West Architects and developed by SMA Equities, the 233-foot-tall, 95,000-square-foot structure is engineered to Passive House standards and yields 108 rental apartments in studio to two-bedroom layouts, with 28 designated for affordable housing, as well as ground-floor retail space. KSK Construction Group served as the general contractor and REAL New York is leading marketing and sales for the project, which is located at the corner of East 23rd Street and Third Avenue on the border with Kips Bay.

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Excavation Underway for Hendrix House at 429 Second Avenue in Kips Bay, Manhattan

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.

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609 Second Avenue Stands Topped Out in Kips Bay, Manhattan

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.

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