New York City Mayor Michael 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.