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NYC Plans for Two New Science, Medical Facilities in Manhattan

New York City MayorMichael Bloomberg said there are plans to build two new science and medical facilities on Manhattan’s Upper East Side.

The plans include an agreement to sell a 66,000-square­foot city-owned site at 525 East 73rd Street for $215 million, Bloomberg said today in a statement. 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.

Additionally, City University of New York’s Hunter College will build an up to 336,000-square-foot science and health professions building to upgrade its science and nursing facilities.

Bloomberg is the founder and majority owner of Bloomberg LP, the parent company of Bloomberg News.

To contact the editor responsible for this story: Will Daley at wdaley2@bloomberg.net

Bloomberg moderates all comments. Comments that are abusive or off-topic will not be posted to the site. Excessively long comments may be moderated as well. Bloomberg cannot facilitate requests to remove comments or explain individual moderation decisions.

Personal Finance Best Sellers From Amazon

Key Rates

  • Mortgage
  • Home Equity
  • Savings
  • Auto
  • Credit Cards
Today’s national average mortgage rates. Rates may include points.
Type Today 1 Mo
30 Year Fixed Jumbo 4.35% 3.99%
30 Year Fixed 4.05% 3.66%
15 Year Fixed 3.15% 2.79%
10 Year Fixed 3.08% 2.89%
30 Year Fixed Refi 4.04% 3.64%
15 Year Fixed Refi 3.14% 2.79%
5/1 ARM 2.87% 2.59%
5/1 ARM Refi 2.86% 2.60%
View rates in your area »

Source: Bankrate.com

Today’s average home equity rates nationwide.
Type Today 1 Mo
$30K HELOC 5.34% 5.34%
$50K HELOC 4.55% 4.56%
$75K HELOC 4.52% 4.57%
$100K HELOC 4.23% 4.27%
$30K Home Equity Loan 5.95% 5.97%
$50K Home Equity Loan 5.97% 6.01%
$75K Home Equity Loan 5.91% 5.97%
$100K Home Equity Loan 5.78% 5.84%
View rates in your area »

Source: Bankrate.com

Today’s average savings rates nationwide.
Type Today 1 Mo
5 Year CD 1.24% 1.23%
2 Year CD 0.70% 0.70%
1 Year CD 0.56% 0.57%
MMA $10K+ 0.46% 0.47%
MMA $50K+ 0.68% 0.69%
MMA Savings Jumbo 0.58% 0.59%
View rates in your area »

Source: Bankrate.com

Today’s average auto loan rates nationwide.
Type Today 1 Mo
60 Months Used Car 2.72% 2.98%
48 Months Used Car 2.70% 2.93%
36 Months Used Car 2.76% 2.89%
72 Months New Car 2.50% 2.43%
60 Months New Car 2.66% 2.54%
48 Months New Car 2.58% 2.45%
60 Months Auto Refi 4.00% 4.15%
36 Months Auto Refi 3.57% 3.61%
View rates in your area »

Source: Bankrate.com

Today’s average credit card rates nationwide.
Type Today 1 Mo
Standard Variable 14.12% 14.12%
Standard Fixed 13.23% 13.23%
Gold Variable 12.70% 12.70%
Gold Fixed 11.99% 11.99%
Platinum Variable 15.55% 15.53%
Platinum Fixed 12.70% 12.70%
View rates in your area »

Source: Bankrate.com