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  #21  
Old Posted Oct 16, 2013, 2:33 AM
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Yes! I'm was really hoping this proposal gets approved.
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  #22  
Old Posted Oct 16, 2013, 2:58 AM
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is it morally wrong to take particular pleasure in the nimbys' pain and frustration, beyond the inherent qualities of the building?
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  #23  
Old Posted Apr 18, 2014, 3:28 PM
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Hospitals become real estate powerhouses
NYC’s medical institutions are ramping up development of new mega-facilities and competing fiercely for leased space

April 01, 2014
By Janna Herron



Memorial Sloan-Kettering’s 1.5 million-square-foot complex on East 74th Street will include medical school facilities

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For instance, Memorial Sloan-Kettering Cancer Center is planning a 1.5 million-square-foot medical complex that includes an outpatient cancer care center and medical school facilities for Hunter College at East 74th Street between York Avenue and the FDR Drive. Sloan-Kettering bought the former garage from the city in 2012 for $226 million. Designs for the complex, which is expected to be completed in 2018, were approved by the city in November, including a “bulk variance” for the 750,000-square-foot outpatient center and 450,000 square feet for the college facilities.
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  #24  
Old Posted Apr 22, 2014, 4:25 AM
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Glad this proposal made it through the City Council. It will benefit immensely with the new subway stop at 72nd Street --TOD at it's finest.
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  #25  
Old Posted Apr 6, 2015, 4:06 AM
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MSKCC, Hunter College Close on UES Block for $226M

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The New York City Economic Development Corporation has officially sold 525 East 73rd Street to Memorial Sloan-Kettering Cancer Center and Hunter College for $226 million.

The partnership, on the deed as Memorial Hospital for Cancer and Allied Diseases, has officially bought the property from the agency, which oversees the sale or lease of city-owned land to private companies. EDC and MSKCC officials confirmed the deal closed on Monday. It appeared in property records today. With the deed in hand, construction can begin on the nearly 1.2-million-square-foot complex near the East River following pushback from Upper East Side residents.

The partners paid $215 million in cash for the site, according to the EDC, which includes the title transfer of a Hunter College property to the agency. They’re also delving out another $11 million for the second phase of redevelopment at the Andrew Haswell Green Park sandwiched between the East River and the FDR Drive.

The property takes up a big chunk of the block, spanning from York Avenue to the FDR Drive, and East 74th Street to East 73rd Street. MSKCC will construct a 23-story outpatient facility on the east side of the lot for a total of 500,000 square feet. The Hunter-Bellevue School of Nursing is moving to a 300,000-square-foot building right next to MSKCC at the newly-acquired site.

The cancer center plans to focus on patients suffering from leukemia, lymphoma, head and neck cancer along with radiation treatments at the site, according to the EDC.

Hunter is forking over the site of its current nursing school at 425 East 25th Street between First Avenue and the FDR Drive, the EDC said, where the city has begun searching for a new purpose. One of those, according to the agency, is a new station for the Department of Sanitation. In the meantime, the school will relocate to space at LaGuardia Community College across the river in Long Island City.

[...]

“This deal will allow for the construction of a state-of-the-art outpatient cancer center and a cutting edge research and classroom facility for Hunter College, creating thousands of construction and permanent jobs and helping make the city a better, healthier place for all New Yorkers,” said Ian Fried, an EDC spokesman, in prepared comments. “Healthcare is the largest employer in the city, and this project will create quality jobs and provide future healthcare professionals in our city’s public education system with a world-class education in a modern facility.”
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http://commercialobserver.com/2015/0...lock-for-226m/
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  #26  
Old Posted Sep 16, 2015, 9:57 PM
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Institutional construction hits $2.9B in first half of 2015

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The city’s development titans get all the acclaim (and most of the money), but New York’s educational, health and cultural institutions know something about building too. The city’s schools, hospitals, courts, libraries, and religious and cultural institutions spent $2.9 billion on new construction projects between January and June of 2015, according to a new report by the New York Building Congress.

The comparable figure in 2014 was just $796 million, though the second half of 2014 saw a comparable $3 billion in new institutional construction. “Institutions in New York City have independent sources of financing, which are somewhat recession proof,” Building Congress president Richard Anderson told the Wall Street Journal, “Wealthy people don’t get affected by recessions the way normal people do.” Construction of schools, colleges and universities led the way, with 56 percent of institutional investments in the period. Hospital building accounted for 32 percent. Institutional construction accounts for about 12 to 14 percent of projects in the city, according to the Building Congress. The report did not include such expenses as buying development sites, paying architects or finishing.

The 750,000-square-foot, 23-story Memorial Sloan Kettering Cancer Center’s David H. Koch Center on FDR drive at East 74th Street on the Upper East Side was by far the largest project so far this year, at around $750 million.
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http://therealdeal.com/blog/2015/09/....bjzISqUu.dpuf
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  #27  
Old Posted Jul 30, 2016, 1:22 PM
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Under Construction


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  #28  
Old Posted Aug 2, 2016, 10:48 PM
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Hate to sound like a broken record, but this is u/c! Can it be moved...

Am I the only one that cares around keeping things accurate here...
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  #29  
Old Posted Aug 30, 2016, 1:07 AM
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  #30  
Old Posted Nov 23, 2016, 2:06 AM
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  #31  
Old Posted Jan 30, 2017, 1:31 PM
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  #32  
Old Posted Feb 16, 2017, 2:06 AM
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  #33  
Old Posted Aug 25, 2017, 11:19 PM
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