Market Highlights

• The NYCEDC seeks a leading anchor tenant to establish a state-of-the-art life sciences center at the Science Park and Research Campus (SPARC Kips Bay).
• Alexandria Real Estate sold one of its two Long Island City properties at 47-50 30th Street, incurring a nearly $6.0 million loss five years after its 2019 acquisition.
• The NYCEDC and Genspace announced the launch of Break into Biotech, a workforce development program in NYC that will offer training, networking, mentorship, and career development opportunities for New Yorkers.

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