Two state-of-the-art science and medical facilities will be built on Manhattan's Upper East Side.
The announcement was made Monday by Mayor Michael Bloomberg, Memorial Sloan-Kettering Cancer Center, and the City University of New York.
“This is, in short, a hugely significant agreement, not just for the futures of Hunter College and Memorial Sloan-Kettering, but also for all New Yorkers,” Bloomberg said. “It will help position our city for leadership and job growth in the medical research and medical care industries that are vital components of our economy today.”
More than 400,000 New Yorkers in the metropolitan area are employed in health care and medical research, according to Bloomberg.
Sloan-Kettering will purchase city land that once housed a sanitation garage on East 73rd Street for $215 million to build a 750,000 square-foot cancer care facility that will feature innovative outpatient treatment programs.
“To serve our patients and their families best, we need outpatient space as close as possible to our main hospital. With the purchase of this property, we've achieved that goal,” said Memorial Sloan-Kettering President and CEO Dr. Craig Thompson.
CUNY's Hunter College will build a Science and Health Professions building to upgrade its science and nursing facilities. Currently, Hunter's health sciences and basic sciences are located at two different campuses.
As part of the deal, Hunter will vacate the health sciences facilities near Bellevue Hospital, turning it over to the city. Part of the downtown property will be used as a sanitation garage, while the rest the city hopes to sell for development.