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New York City's neighborhoods' demographics are almost constantly evolving, and that is especially evident on a stretch of Lexington Avenue between East 25th and 29th Streets. Over the past 150 years, it has gone from from "Little Armenia" to "Curry Hill" to the home of centrally located, highly attainable and attractive residential real estate.
While Armenians started coming New York City in the mid-19th century in search of business opportunities, Untapped Cities notes that immigration from Armenia dramatically increased following the Ottoman massacres under Sultan Abdul Hamid II from 1894-1896 and the Armenian genocide in the 1910s. The new arrivals established a small community in Murray Hill, with churches like St. Illuminator's Armenian Apostolic Cathedral and St. Vartan Armenian Cathedral taking shape and coming to serve as gathering spaces in the decades that followed.

In this article:

Lexington South, 154 Lexington Avenue
Lexington South, 154 Lexington Avenue Murray Hill
140 Lexington Avenue
140 Lexington Avenue Flatiron/Union Square
88 & 90 Lex, 90 Lexington Avenue
88 & 90 Lex, 90 Lexington Avenue Flatiron/Union Square
The Park East, 117 East 29th Street
The Park East, 117 East 29th Street Flatiron/Union Square
120 Lexington Avenue
120 Lexington Avenue Flatiron/Union Square
Kalustyan's, Curry Hill NYC Kalustyan's (center; Flickr - Brechtbug https://www.flickr.com/photos/93779577@N00/52192891657/in/photostream/https://www.flickr.com/photos/93779577@N00/52192891657/in/photostream/)
In 1988, Armenian grocer Kerope Kalustyan sold Kalustyan's, his grocery store known for selling hard-to-obtain spices and ingredients used in Armenian and Asian cuisines, to Bangladeshi cousins Aziz Osmani and Syedul Alam. From there, Curry in a Hurry was an early entrant in what would become a new wave of Indian restaurants that would give the neighborhood its nickname.
In the present day, this stretch of Lexington Avenue is home to approximately 20 Indian restaurants, not to mention boutiques and specialty stores. Martha Stewart and Padma Lakshmi have sung the praises of Kalustyan's extensive spice selection, and the restaurants' clientele ranges from Southeast Asian taxi drivers to food influencers, with Silver Fork Foodie quipping, "If the streets smell like tandoor...you're in the right place."
Lexington Avenue, Murray Hill Curry Hill, May 2026 (CityRealty)
The Armenite notes that the neighborhood was popular among 19th-century émigrés because it was easy to access from multiple transportation options; for all the neighborhood's changes, this remains true to this day. Murray Hill is also attractive to both renters and buyers for its small-scale shops, its vibrant and down-to-earth atmosphere, and affordable (for Manhattan) prices.
The area's low-rise, prewar architecture is also instrumental in its charm, but new high-rise projects are taking shape. Some of Murray Hill's historic Armenian churches have been demolished to make way for new housing in sleek new buildings, and it remains to be seen whether the restaurants that gave Curry Hill its nickname will continue to flourish in this new age. In the meantime, we look at several new projects in the works, as well as listings in nearby buildings open for immediate occupancy.

Coming Soon


140 Lexington Avenue
Developed by Guy Peleg
Design by Issac & Stern Architect
8 stories | 12 condos
Completion estimated for late 2027

140 Lexington Avenue, Kips Bay condo (l-r) Previous design and rendering of 140 Lexington Avenue (Issac & Stern Architects)
About four years after developer Guy Peleg purchased the development site on the northwest corner of East 29th Street and Lexington Avenue, excavation and foundation work are underway. A rendering by Issac & Stern Architects depicts a building with a stone veneer facade, a penthouse bulkhead, and floor-to-ceiling windows that promise abundant natural light for the apartments starting on top of ground-floor commercial space. The rendering also shows a landscaped terrace on the top floor of the building, though it is not known whether it will be a private penthouse terrace or a shared amenity.
140 Lexington Avenue construction progress 140 Lexington Avenue, May 2026 (CityRealty)
Lexington Avenue construction site

120 Lexington Avenue
Developed by Spectra Development
Design by ZArchitecture
8 stories | 48 condos
Completion estimated for 2028

120 Lexington Avenue, Kips Bay condo Rendering of 120 Lexington Avenue (ZArchitecture)
A new mixed-used building is taking shape on the northwest corner of East 29th Street and Lexington Avenue. Renderings by ZArchitecture show a two-toned building with floor-to-ceiling windows and apartments starting on top of ground-floor retail space. Several corner units have private balconies, and setbacks on the uppermost floors allow for terraces with views of the Empire State Building. The low-rise buildings previously on the site have been demolished.
120 Lexington Avenue 120 Lexington Avenue, May 2026 (CityRealty)

The Hatfield, 103 East 29th Street
Developed by Impact Equities
Design by Michael Muroff Architect LLC
19 stories | 49 condos
Completion estimated for 2029

Renderings of The Hatfield (Impact Equities and Michael Muroff Architect LLC) Renderings of The Hatfield (Impact Equities and Michael Muroff Architect LLC)
A new condominium is planned for the former site of the Beaux-Arts building that once occupied the northeast corner of Park Avenue South and East 29th Street. It was originally constructed as a residential hotel called the Hatfield House, but was later turned into the Deauville Hotel, attracting guests like Sid Vicious and Courtney Love. Local preservationists lobbied to make it a New York City Landmark, but they did not succeed.
103 East 29th Street Deauville Hotel, the site's former occupant
When the first permits for a boutique hotel were filed in January 2019, locals lamented a "glass-and-steel piece of crap" replacing the historic hotel. However, a residential building is now planned for the site, and renderings depict a more contextual design with a fluted facade, arches at the entryway, oversized windows, and setbacks on the uppermost floors.
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There will be no more than four units per floor, with the uppermost levels dedicated to two full-floor penthouses and one duplex. Amenities will include a package room, a bike room, a lounge with courtyard access, and a shared roof terrace.
103 East 29th Street, Kips Bay condo
103 East 29th Street, Kips Bay condo 103 East 29th Street, May 2026 (CityRealty)

Lexington South, 154 Lexington Avenue
Developed by Evenhar Development Corporation
Design by Woods Bagot
11 stories | 60 rental units
Completion estimated for 2029

154 Lexington Avenue, Kips Bay building Rendering of Lexington South (Evenhar Development Corporation)
The forthcoming Lexington South building will take shape on the site of four low-rise buildings, including the historic First Moravian Church and the original home of The Old Print Shop. The Old Print Shop has since moved to a new location in NoMad, and the church will reportedly have worship space in the new building.
First Moravian Church, Murray Hill First Moravian Church (Flickr - Eden, Janine and Jim, https://www.flickr.com/photos/edenpictures/5972703772/in/photolist-ovDNrV-oydMyM-oeXuu1-ou6gT5-oukP1c-wQqboY-owiouV-ow9YjK-a6MEKf-owfFN7-oszWcW-oeXZkW-otKDM5-oexBKS-ow2ZNn-owTRGv-oeXZ17-ouqDQZ-oxwHvr-osxxVA-osAkph-owqz6i-owcnSk-oeYUmL-ow5pYP-ovxZRa-otNi4W-ouaUVd-oeNx3K-oevkr2-oeRTFU-oeLpAL-ovqaKW-oeJrsn)
Renderings of the new project depict a tall building with a dark gray base, light gray upper levels, floor-to-ceiling windows, a curved corner, and multiple setbacks that allow for terraces. Select units will have private balconies, and amenities will include a package room, a fitness center, and a coworking lounge.
Lexington South, 154 Lexington Avenue

419 Park Avenue South
Developed by Elad Group
Design by Hill West Architects
20 stories | 111 condos
Completion estimated for 2027

419 Park Avenue South, NoMad condo Rendering of 419 Park Avenue South (Elad Group)
When developer Elad Group bought the office building on the southeast corner of Park Avenue South and East 29th Street in August 2024, a spokesperson for the seller told Crain's New York Business that its spectacular views and central location would make it highly attractive to residential buyers.
419 Park Avenue South, NYC condos Diagram (NYC Department of Buildings)
Permits indicate that will be no more than seven apartments per floor. Residential amenities will include a package room, bike storage, private storage, a fitness center, a spa with sauna and steam room, a social lounge, a children's playroom, and a roof terrace.
419 Park Avenue South, office-to-condo conversion 419 Park Avenue South, May 2026 (CityRealty)

Local Listings


Eastlight, #21B (Douglas Elliman Real Estate)

Gramercy North, #16D (Corcoran Group)

Rose Hill, #19B (Christies International Real Estate Group LLC)

88 & 90 Lex, #9A (Compass)

Hendrix House, #PHB (ONE REALTY GLOBAL CORP)

200E20th, #12B (Douglas Elliman Real Estate)

The Park East, #6B (Platinum Properties)

VU New York, #PH34A (Brown Harris Stevens Residential Sales LLC)

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Would you like to tour any of these properties?