Since the end of 2013, the number of jobs in the life sciences has increased by 70,000 jobs per year. The demand for conveniently located and modernized offices for life sciences and medical offices has skyrocketed across the country due to the growth of the industry and the lack of available products. Tenants in the life sciences have proven to be resilient; during the two economic downturns since 2000, employment in the life sciences sector continued to increase. As a result, the co-owners of Hudson Research Center, Silverstein Properties, Inc. and Taconic Partners have established a rental strategy to create pre-built medical and life science office spaces that cater directly to tenants.
The trophy ownership responds to pent-up strong demand for this specialist office space in the New York metro area. Hudson Research Center also has a unique M2-4 zoning designation for the use of lab space, distinctive HVAC and mechanical systems, large floor load capacities, and high ceiling heights. These rare building features, coupled with a highly accessible location, make 619 West 54th Street the ideal destination for tenants of life sciences and medical offices of all sizes.
Funding was organized by Walker & Dunlop’s Aaron Appel,
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