Developers Taconic Investment Partners and Silverstein Properties are spending $20 million to renovate the 326,861-sf Movie Lab building in Midtown Manhattan for life science research usage.
The New York Post reports that the Stem Cell Foundation has leased 42,100 sf in this building since 2015. Another 150,000 sf on the top floors of this 10-story building are being upgraded to attract more life science tenants. The building reportedly is changing its name to the Hudson Research Center.
Image: https://www.bdcnetwork.com
