CUNY, Sloan-Kettering unveil plans for new UES medical, research facilities

New York /
Sep.September 10, 2012 01:30 PM

The city of New York, the City University of New York and Memorial Sloan-Kettering Cancer Center reached an agreement for the construction of two research and medical facilities on the Upper East Side, Real Estate Weekly reported.

Sloan-Kettering will build a cancer care facility and CUNY’s Hunter College will build a new facility for science and nursing programs, according to the Associated Press. The new building will eliminate the need for redundant infrastructure, such as cafeterias and libraries, at the school’s 25th Street campus, which the university will eventually vacate, Real Estate Weekly said.

The city will sell a 66,000 square-foot site at 525 East 73rd Street to CUNY, which will build the 336,000-square-foot science and nursing facility there, for $215 million. The cancer center will span up to 750,000 square feet, Real Estate Weekly said.

Sloan-Kettering recently bought 14 apartments at 515 East 72nd Street for $29.3 million to be used by doctors and senior staff.

Hospitals have been increasing their presence on the Upper East Side and in East Harlem, according to previous reports. [Real Estate Weekly] [AP]— Guelda Voien


Related Articles

arrow_forward_ios
Matt Lauer exposes Hamptons estate to the market
Matt Lauer exposes Hamptons estate to the market
Matt Lauer exposes Hamptons estate to the market
 Fredrik Eklund and the property (Getty, Steve Frankel)
Fredrik Eklund lists Bel Air mansion for rent as family moves to “forever home”
Fredrik Eklund lists Bel Air mansion for rent as family moves to “forever home”
Gordon Ramsey and his Lucky Cat restaurant (Lucky Cat)
Gordon Ramsay to open first South Florida restaurant in Miami Beach
Gordon Ramsay to open first South Florida restaurant in Miami Beach
Michigan coach Jim Harbaugh lists Bay Area estate for $12M
Michigan coach Jim Harbaugh lists Bay Area estate for $12M
Michigan coach Jim Harbaugh lists Bay Area estate for $12M
Met Museum among art institutions to get “green” funding
Met Museum among art institutions to get “green” funding
Met Museum among art institutions to get “green” funding
China’s 2nd largest property developer is in big trouble
China’s 2nd largest property developer is in big trouble
China’s 2nd largest property developer is in big trouble
Floor & Decor CEO Thomas Taylor and 4 Henry St in Commack (Floor & Decor and Google Maps)
Floor & Decor moving into site of shuttered Target in Commack
Floor & Decor moving into site of shuttered Target in Commack
Photo Illustration of Donald Trump (Illustration by Kevin Rebong for The Real Deal)
Treasury Department must give Trump’s tax returns to Congress: DOJ
Treasury Department must give Trump’s tax returns to Congress: DOJ
arrow_forward_ios

The Deal's newsletters give you the latest scoops, fresh headlines, marketing data, and things to know within the industry.

Loading...