NEC TAKES PRIDE IN BEING A DESIGN-ORIENTED AND CIVIC-MINDED REAL ESTATE DEVELOPER
NEWS & EVENTS
AUG 24, 2021
Latest New Empire Corp. Acquisition in Manhattan! Following our 208 Delancey and 424 W52 St projects' legacies, we believe we will create another best-seller in Kips Bay, Manhattan! Situated at 429 2nd Avenue, New York, NY, this new project will be a 14-story building, totaling 45,000 sqft and an estimated 55-60 units. We have acquired this land located in the heart of Manhattan at a history-low price of $328/SF, whereas the normal price pre-pandemic would have been around $550/SF.
WHO WE ARE
New Empire Corp. is an execution-oriented and civic-minded development and construction management firm dedicated to design and build mid-rise residential and mixed-use projects in New York City. With roots dating back in 1997, we have renovated and built over 100 residential multifamily projects throughout New York City. Our project Neighborly LIC was recognized as the top performer in sales volume in NYC 2020, and another project 567 Ocean was the top performer in Brooklyn and the second in NYC 2021 Q1.
We pride ourselves in being a “one-stop” impact developer who takes the time to collaborate with investors and partners, offer first-hand expertise, and oversee construction management throughout the entire development process. We streamline and adopt the ‘design-build’ approach, using internal subsidiaries to acquire, budgeting, design, engineer, finance, develop, and promote each project we built from begin to end.
We understand that time is a valued commodity, our experienced in-house construction team will inform you of budget in real time, while minimizing the need for plan amendments and future architectural and construction change orders – a major cause of delays and cost overruns during the construction process, thus expediting the work progress significantly and making it cost-effective.
Our projects are rooted in the very fabric of New York City. We are making a connection back to the natural world while also creating a luxury living experience of comfort and warmth. Every New Empire project has a contemporary design and well-suited amenities including, ceiling to floor triple-pane windows, white oak floors, touch-less technologies like smart-lock entry doors designed by Avenue Studio as well as gyms, lounges, rooftop decks, all while being a comfortable walk from subway stations. We build more than just a beautiful addition to the city skyline, but a tribute to tradition, friendship, and community.
As a local New York City developer, New Empire’s portfolio encompasses all five boroughs of NYC. We build top-quality developments in premier locations including Long Island City, the Lower East Side, Park Slope and Prospect Park, Brooklyn.
The New Empire brand reflects our commitment to working with talented professionals in designing and building distinctive architecture across New York City. New Empire developments are widely recognized as a unique value proposition blending impeccable design with superior craftsmanship.
We strive to deliver top-of-class quality at an affordable price. New Empire offers thoughtful floor plans, customized finishes, unrivaled amenities and everything else you could need while also ensuring that such luxury remains affordable.