King Street Properties and development partner GFP Real Estate, with NYU Langone Health, announced that BioLabs@NYU Langone, an incubator for early-stage biotechnology companies, will relocate from Manhattan to Long Island City. BioLabs has signed a lease for 46,000 square feet at Innolabs..
“We are proud to support NYU Langone and BioLabs in their mission to nurture groundbreaking companies at the earliest stages, providing an unmatched quality of space and services,” said Ed Jaram at King Street Properties. “This addition reinforces Innolabs as the destination in NYC for top-tier life sciences companies. The combination of NYU Langone’s position as a top-tier academic medical institution and Biolabs’ excellence in helping early-stage companies to grow is a definite marker for the next chapter of life sciences in NYC.”
Innolabs is a 267,000-square-foot Class A property that services innovative life science companies and institutions. Based in Boston and with sites in 17 metro markets in the US, Europe and Japan, BioLabs runs the largest network of co-working laboratory facilities worldwide, along with its partners LabCentral and MBC-BioLabs.
The post BioLabs@NYU Langone Relocates to Innolabs in Long Island City appeared first on Connect CRE.