425 East 53rd Street

Five-Story Building at 425 East 53rd Street Being Converted to Office Space

The Real Deal reports that an affiliate of Ruder Finn has acquired the five-story, 34,000 square-foot commercial building at 425 East 53rd Street, in Midtown East, for $30.7 million. The building will be converted to office space to house the firm’s new headquarters, and Spagnolo Gisness & Associates is designing. The currently occupying tenants will vacant the building this summer.


32-29 44th Street

Four-Family Building Planned at 32-29 44th Street in Astoria

Property owner Wonwoo Chang has filed applications for a four-story, four-unit residential building measuring 3,114 square feet at 32-29 44th Street, in the southeastern part of Astoria. Anastasios Giannopoulos is designing, and an existing single-story structure must first be removed.