NYCEDC

Sep
10

Mayor Bloomberg, NYCEDC, Memorial Sloan-Kettering Cancer Center, and the City University of New York today announced plans to build two new state-of-the-art science and medical facilities on Manhattan’s Upper East Side.

The plans include an agreement to sell a 66,000-square-foot City-owned site at 525 East 73rd Street for the purchase price of $215 million. Under the agreement, Memorial Sloan-Kettering Cancer Center will construct an up to 750,000-square-foot cancer care facility that will allow for the development of innovative outpatient treatment programs. Currently, Memorial Sloan-Kettering plans to use the facility to provide care for patients with lung, head, neck and hematological cancers. The building, which is within walking distance of the main Memorial Sloan-Kettering campus, will include state-of-the-art outpatient bone marrow transplantation and other services.

Additionally, CUNY Hunter College will build an up to 336,000-square-foot Science and Health Professions building to upgrade its science and nursing facilities and enabling its faculty, researchers and students to benefit from close proximity to its main campus on the Upper East Side as well as from the neighborhood’s world-renowned medical and research institutions.

“Under Mayor Bloomberg’s leadership, New York’s medical and academic institutions are thriving and expanding, creating jobs and activating neighborhoods all throughout the City. The ‘Eds and Meds’ sector is an economic engine that are driving the future of New York’s economy.”

- NYC Deputy Mayor Robert Steel

Find out more about NYCEDC’s bioscience and Applied Sciences NYC initiatives to expand science and research activity in New York City.