Medical

Render of the exterior of 1334 York Avenue, courtesy of Edelman

Weill Cornell Announces New Research Center at 1334 York Avenue on Manhattan’s Upper East Side

Weill Cornell Medicine has announced plans to expand its Upper East Side campus with the acquisition of five floors at 1334 York Avenue. The new space, which is currently occupied by Sotheby’s auction house, is located one block from Weill Cornell’s primary campus and will add some 200,000 square feet of research space, the institution’s largest expansion since the inauguration of the Belfer Research Building in 2014.

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View of SPARC Kips Bay, looking northeast from First Avenue and 25th Street, via edc.nyc

Master Plan Revealed for SPARC Life Science and Public Health Innovation Hub in Kips Bay, Manhattan

Governor Kathy Hochul and New York City Mayor Eric Adams have unveiled the master plan for the Science Park and Research Campus (SPARC) Kips Bay, a new life sciences hub located on Hunter College’s Brookdale Campus at East 25th Street and First Avenue in Kips Bay. Designed to transform a city block in Manhattan, SPARC Kips Bay is expected to create over 15,000 jobs and generate an economic impact of $42 billion over 30 years.

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1522 First Avenue Rises Above Street Level on Manhattan’s Upper East Side

Construction is rising on 1522 First Avenue, a 30-story medical office building in the Yorkville section of Manhattan’s Upper East Side. Designed by Perkins Eastman and developed by Extell Development Company, the structure will yield 400,000 square feet of Class A office space and retail space on the ground floor and cellar levels. The Hospital for Special Surgery has signed on as the anchor tenant and will occupy 200,000 square feet across the first eight stories of the building. Ancora Engineering is the engineer of record and Lendlease is the general contractor for the property, which is alternately addressed as 403 East 79th Street and located between East 79th and 80th Streets.

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Exterior render of 707 11th Avenue, courtesy of Goldin Solutions

New Life Science Facility Announced at 707 Eleventh Avenue in Hell’s Kitchen, Manhattan

The Georgetown Company and Beacon Capital Partners, in collaboration with ZoE Life Sciences, have announced plans for a seven-story life science facility at 707 Eleventh Avenue in Hell’s Kitchen. Designed by Elkus Manfredi, the 185,000-square-foot structure is located between West 50th and 51st Streets. The new development is supported by the New York City Industrial Development Agency and managed by the New York City Economic Development Corporation, and will feature laboratory, research, and office spaces.

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Rendering of New York Blood Center in Rye, courtesy of Westchester County LDC

Westchester LDC Approves $52M Bond Financing for NY Blood Center’s $108M Project

The Westchester County Local Development Corporation (LDC) has given preliminary approval for $52 million in tax-exempt bond financing to assist the New York Blood Center Inc. in redeveloping the former Avon headquarters at at 601 Midland Avenue in Rye. The approval, which was granted October 20, will facilitate the transformation of the old headquarters into a 187,000-square-foot facility, entirely leased to the New York Blood Center for offices, testing and research laboratories, along with processing, storage, and distribution of blood and related supplies.

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