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Sotheby’s sells its longtime New York home to Weill Cornell Medicine for $510 million

Auction house to lease back some floors of Upper East Side building
Sotheby's is leasing back some of its headquarters building at 1334 York Ave. in Manhattan. (CoStar)
Sotheby's is leasing back some of its headquarters building at 1334 York Ave. in Manhattan. (CoStar)
CoStar News
October 3, 2025 | 5:58 P.M.

Luxury auction house Sotheby’s has sold its longtime Manhattan headquarters in a blockbuster $510 million deal that ranks as one of the largest in New York this year.

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News | Sotheby’s sells its longtime New York home to Weill Cornell Medicine for $510 million