We have seen a major shift in the once-scarce life sciences industry in New York City over the last few years. How did we get here, and what is New York City doing to attract more tenants engaged in the studies of living organisms such as biology, botany, zoology, microbiology, physiology, biochemistry and other related subjects?
We sat down with major developers, architects, interior designers, consulting engineers and investors from top firms including SGA, King Street Properties, CBRE, Ennead, JB&B and Perkins and Will.
These experts agree that New York City's infrastructure is in place to create a thriving life sciences industry. Indeed, the city is already a burgeoning hub, with the leaders of each industry segment residing here. What's more, these experts point out that as technology continues to evolve rapidly, life sciences now apply to all types of businesses, efficiently improving the environment, medicine, health care, agriculture, and much more.
"For many reasons, NYC is the perfect location for life sciences to flourish. There is an incredible network of health care and educational institutions that are developing the talent needed to sustain the industry," said Matt Malone, practice leader-associate principal of Chicago-based global architecture firm, Perkins and Will.