The Real Deal New York

Sotheby’s seeking new HQ

JLL’s Peter Riguardi tapped to find auction house’s next location
June 08, 2016 08:23AM


1334 York Avenue

Going once, going twice …

After a similar, ultimately abortive effort in 2013, auction house Sotheby’s is again seeking a new headquarters, with strong candidates including the Related Companies’ Time Warner Center and Hudson Yards, the Olayan Group’s 550 Madison Avenue and the Trump Organization’s 6 West 57th Street.

JLL’s Peter Riguardi is leading the company’s search, as he did in 2013, the New York Post reported.

Sotheby’s is currently headquartered at 1334 York Avenue, where it has about 490,000 square feet, according to the newspaper. In 2013, it was looking to sell the building, but it’s unclear if the property is in play again. [NYP]Ariel Stulberg