Real Estate

Sotheby’s Sells NYC Office to Weill Cornell for $510 Million

The former Sotheby’s headquarters on the Upper East Side in New York in 2019.Photographer: Drew Angerer/Getty Images

Sotheby’s sold its former headquarters on Manhattan’s Upper East Side to Weill Cornell Medicine.

The auction house sold the property for $510 million, according to people familiar with the matter. The building, located one block from the East River, was the home of Sotheby’s starting in 1980.