CORE REAL ESTATE AND NEW EMPIRE CORP ANNOUNCE GROUNDBREAKING AND COMMENCEMENT OF CONSTRUCTION AT 429 SECOND AVENUE

Located in Manhattan’s storied Kips Bay neighborhood, the residential building will be designed by DXA Studio with amenity spaces by Paris Forino.

NEW YORK, May 23, 2023 — CORE Real Estate, the leading boutique real estate firm in New York City, in partnership with New Empire Corp, a leading New York-based development and construction management firm building top-quality residential projects, held a groundbreaking ceremony to mark the beginning of construction at its newest Manhattan project, located at 429 Second Avenue.

From left to right: Ellen Qian, Founder of One Realty Global, David Fung, COO of New Empire Builder Corp., Joe Morali, Managing Director of Anthony Morali Architect PLLC, Anthony Santiago, COO of New Empire Corp., Paris Forino, Founder of Paris Forino Design, Inc., Bentley Zhao, Chairman & CEO of New Empire Corp., Robin Mui, CEO at Sing Tao Newspapers NY Ltd (1105.HK), Wayne Norbeck, Partner of DXA Studio, Shaun Osher, Founder and CEO of CORE, Kannon Tam, Executive Vice President of New Empire Builder Corp., Shelby Chan, Senior Development Manager of New Empire Corp., Calvin Chan, CIO of New Empire Corp., Leslie Ling, Vice President of Development of New Empire Corp.
From left to right: Ellen Qian, Founder of One Realty Global, David Fung, COO of New Empire Builder Corp., Joe Morali, Managing Director of Anthony Morali Architect PLLC, Anthony Santiago, COO of New Empire Corp., Paris Forino, Founder of Paris Forino Design, Inc., Bentley Zhao, Chairman & CEO of New Empire Corp., Robin Mui, CEO at Sing Tao Newspapers NY Ltd (1105.HK), Wayne Norbeck, Partner of DXA Studio, Shaun Osher, Founder and CEO of CORE, Kannon Tam, Executive Vice President of New Empire Builder Corp., Shelby Chan, Senior Development Manager of New Empire Corp., Calvin Chan, CIO of New Empire Corp., Leslie Ling, Vice President of Development of New Empire Corp.

The full-service 12-story residential building will be designed by renowned architecture firm DXA Studio, and feature stunning layouts, finishes, and top appliances. Designed and programmed with modern living in mind, the building will offer a robust suite of services and amenity spaces. Designed by Paris Forino, common spaces will include a building roof deck and garden, coworking space, conference and media rooms, as well as a fully-equipped fitness center with steam room and sauna.

“This project brings highly-amenitized living to Kip’s Bay in a way we’ve not yet seen,” said Shaun Osher, CEO of CORE Real Estate. “We’re catering to a new clientele in Kip’s Bay, providing joint spaces for work, play, and beyond. We are delighted to lead the sales and marketing of this incredible new residential building.”

“Community spaces and interconnected living is more important today than ever before, and this one-of-a-kind, custom-tailored project fully realizes that philosophy,” said Bentley Zhao, Chairman and CEO of New Empire Corp. “We are thrilled to bring this exciting new project to life with such an incredible, world-class team.”

SOURCE CORE