The British public sale home Bonhams will relocate its New York Metropolis headquarters to the historic Steinway Corridor at 111 West 57th Road—on a strip of the road nicknamed Billionaire’s Row—by late 2025. At 42,000 sq. ft, the brand new house will characteristic 4 ranges of galleries, two public sale rooms and improve Bonhams New York’s sq. footage by 30% in comparison with the present location on Madison Avenue, the place it has been since 2008.
Steinway Corridor was designed in 1925 by famed New York architects Warren & Wetmore, one of the crucial profitable companies of the early twentieth century (it additionally helped design Grand Central Terminal). The constructing was constructed for the Steinway & Sons piano firm. The designated metropolis landmark additionally shares an tackle with the extra up to date 111 West 57th Road luxurious condominium tower, accomplished in 2022. Bonhams is leasing out Steinway Corridor, its formal reception corridor and a lofty 80ft glass atrium designed by Store Architects, the agency that designed the neighbouring skyscraper.
A rendering of the brand new Bonhams New York headquarters by Gensler design agency Courtesy Bonhams
“This can be a significant milestone for Bonhams and our world community of public sale homes,” Hans-Kristian Hoejsgaard, Bonhams’ govt chairman, stated in a press release. “It demonstrates our unwavering dedication to the US market. The Steinway Corridor symbolises Bonhams’s dedication to heritage—and the way in which wherein we’re embracing the long run.”
The structure agency Gensler has been tapped to design the brand new salesroom interiors. The design agency has accomplished initiatives for different New York establishments, together with the Museum of Trendy Artwork, the Brooklyn Public Library and the Saks Fifth Avenue division retailer. The brand new location will characteristic workspace for all of Bonhams’s US workers, in addition to consumer assembly rooms and a devoted images studio and house for warehousing with a loading bay.
Final yr, Sotheby’s introduced it had bought architect Marcel Breuer’s former Whitney Museum constructing on Madison Avenue for a reported $100m. In August, Christie’s introduced it had prolonged its lease at Rockefeller Middle, its house in New York since 1997, for an additional 25 years. In 2021, Phillips took over a number of flooring on the base of one other of New York’s new slim, “supertall” residential towers, 432 Park Avenue.
