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DNA Facility Inks Deal to Open Lower Manhattan HQ

Tuesday, July 24, 2012

A research center that will be the largest DNA sequencing and analytics facility in North America is moving into Lower Manhattan, officials announced Tuesday.

The New York Genome Center — a collaboration of 11 hospitals that serve about 10 million patients — announced Tuesday that it signed a lease with real estate developer Minskoff Equities for 101 Sixth Avenue between Grand and Watts streets.  

“Our city really is a global leader in the commercial life sciences and with some 110,000 employees, this sector is already larger here than in any other metropolitan area in the U.S.,” Mayor Michael Bloomberg said.

“In much the same ways the applied science campus here was developing on Roosevelt Island and in downtown Brooklyn, they will also solidify New York’s leadership in the tech sector.”

The New York Genome Center is expected to open in 2013.

The facility was expected to open this year, but the project faced delays as the group searched for a location that could accommodate its machinery and space requirements.

"It wasn't that easy. It was complicated. But at the end of the day it's very exciting for us," said real estate developer Edward Minskoff, who helped ink the deal.

Genome Center director Nancy Kelley announced that the group will also open a separate data storage facility downtown at 375 Pearl Street.

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