Rauschenberg Foundation lists its New York headquarters for sale

The Robert Rauschenberg Foundation has put its New York headquarters up for sale less than a year after naming the same building as the continuing home of its archives residency when it announced the sale of its Florida property.

The property at 381 Lafayette Street in Manhattan’s NoHo neighborhood is being marketed by the brokerage Newmark, which the listing says was “exclusively retained to arrange the fee simple sale.”

The 27-foot-wide office building holds about 9,200 square feet and would be “delivered 100% vacant at closing,” the listing says.

The listing does not name the seller or include an asking price.

But 381 Lafayette Street is the address the foundation uses for its New York headquarters, and it is the building the foundation singled out in an August 2025 announcement disclosing plans to sell its property in Captiva, Florida, home of the Rauschenberg Residency.

In that announcement, the foundation’s board said it would close the Captiva residency once the sale was final but would “continue to operate its Archives Research Residency program at its New York headquarters at 381 Lafayette Street.”

The statement was signed by Courtney J. Martin, the foundation’s executive director; Peter Kraus, its board chairman; and Christopher Rauschenberg, its board president.

Neither the listing nor the 2025 announcement says where the archives residency would operate if the New York building sells. A vacant-delivery sale requires the building, currently the foundation’s headquarters, to be cleared by closing.

The listing says the building has been “owned and occupied since 1965,” and Newmark is marketing it for continued office use or conversion to “luxury rentals or boutique condominiums.”

The offering also includes more than 25,000 square feet of air rights available as-of-right and sits beside what the listing calls a “future large-scale development site.”

A rear chapel adds lot coverage and floor area, and the listing points to recent work on the building’s façade, roof and systems.

When the foundation announced the Captiva decision, its board tied the sale to “recurring storm damage, broader climate risks, and rising maintenance costs” and to a sustainability assessment it said found that protecting the property would require substantial further investment.

The board said more than 500 artists had come through the residency.

The New York listing surfaces during the centennial of Rauschenberg, who died in 2008. Artnet News reported in November 2024 that the foundation was marking the 100th birthday with exhibitions at seven institutions across five countries and centennial grants to 22 confirmed institutions, a program running through 2026.

The sale also comes as Marlborough Gallery’s former Chelsea flagship sold for $7.5 million to Gazelli Art House, a gallery based in London and Baku, Azerbaijan.

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