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PRESENTATION

Introduction of Innovation East and project partners

0:08:29

ยท

108 sec

Ben Baccash from Taconic Partners introduces the Innovation East project, a proposed new life science building at 455 First Avenue. He presents the key project partners, including the New York City Economic Development Corporation, Taconic Partners, Divco West, and NYU Grossman School of Medicine.

  • The project is part of EDC's broader life science initiative in New York City
  • Taconic Partners and Divco West are experienced developers of commercial life sciences spaces
  • NYU Grossman School of Medicine will serve as the building's anchor tenant
Ben Baccash
0:08:29
My name is Ben Bakash from Taconic thank you very much, chair.
0:08:34
My name is Ben Backash from Taconic Partners joined by, Melissa Sarco of Eniad Architects.
0:08:36
We're here to, present Innovation East, a proposed new life science building at 455 First Avenue.
0:08:42
Slide, please.
0:08:47
I'll introduce the project partners.
0:08:48
Of course, the New York City Economic Development Corporation, Innovation East as part of, EDC's broader life science initiative in in New York City.
0:08:57
Taconic Partners and subsidiary Elevate Research Properties, we are experienced developers of commercial life sciences spaces here in New York.
0:09:04
Our partners from Divco West, developers of leading life science ecosystems across the country, and the NYU Grossman School of Medicine that will serve as the building's anchor tenant.
0:09:14
So the EDC has selected this group of world class commercial life science, to develop a world class commercial life science facility on this site in the First Avenue Health and Sciences Corridor to complement their broader life science initiative.
0:09:28
Slide, please.
0:09:30
Innovation East will advance the city's goals to grow the life science sector along First Avenue.
0:09:35
It will replace the outmoded public health lab that currently sits on the site.
0:09:39
That building was built in 1964 and is not appropriate for commercial life science use.
0:09:45
The new building will deliver commercial life science space for companies in varying stages of development as well as for the NYU Grossman School of Medicine, all the while fostering job training and creation for a range of education and skill levels.
0:09:58
We'll also be providing, meaningful ground floor activation, with a neighborhood centered retail cafe and a life science multipurpose space.
0:10:07
Slide, please.
0:10:10
Our team has conducted extensive outreach to our neighbors in the community, providing informational presentations and answering questions.
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