Crain’s New York Business highlighted the surging demand for lab space in NYC. Demand for lab space climbed by 67% from a year ago and funding levels hit a peak of $1.4 billion, according to a new report by commercial real estate firm CBRE.
Featured in the article is Deerfield Management's life science campus, The Cure, located at 345 Park Ave South. We partnered with the healthcare investment firm to convert a 1913's Midtown Manhattan office building, into wet labs and research space for budding scientists. The project required a complete overhaul to building infrastructure and technical systems including custom cooling and heating, high-powered generators, fire suppression system, fume exhaust systems, and enhanced elevators.
