New York City is the Next Leading Center of Commercial Bioscience. The NYC metro region is the center of the world economy. It has unparalleled intellectual and creative capacity and the resources to support a thriving bioscience industry cluster, including:

  • The world’s largest concentration of academic institutions—a source of significant discovery and the first adopters of new products
  • An aggregation of scientific, clinical and entrepreneurial talent, investment capital and professional services focused on bioscience
  • Access to the East Coast pharmaceutical corridor
  • Proximity to three international airports
  • Home to over 130 venture capitalists investing in healthcare companies

THE FLAGSHIP LOCATION FOR BIOSCIENCE

The East River Science Park (ERSP) will be a state-of-the-art research and development campus for companies looking to establish a presence in the City, and will also provide space for New York-based bioscience businesses looking to expand their current R&D efforts.

ERSP will have over 1.1 million square feet of office and laboratory space when completed and will be built in two phases. Construction of Phase I began in early 2007 and is expected to be complete by the end of 2009.

ACCESS TO WORLD-CLASS MEDICAL SCIENCE

ERSP is located on the East River in Manhattan, immediately adjacent to New York University Medical Center and just north of Bellevue Hospital Center. ERSP is ideally situated along Manhattan’s medical/life sciences corridor – home to Mount Sinai, Weill Cornell, Memorial Sloan-Kettering, New York Hospital, Rockefeller University, Hospital for Special Surgery and Beth Israel.

HARBOR VIEWS, WITH ROOM TO GROW

Totaling 3.5 acres in size, ERSP has been zoned for bioscience use and will initially provide for 725,000 rentable square feet of scientific research and development space, with related office and retail. The second phase on an adjacent parcel will provide an additional 442,000 rentable square feet to accommodate your company’s future expansion needs.

CONVENIENT LOCATION

Not only is ERSP located in the heart of the City’s medical science corridor, but it is also easily accessible by subway, bus and car. It is highly visible from the FDR Drive, which has access ramps at 23rd and 34th streets. It is also convenient to New York’s three major airports, providing more than 1,600 non-stop flights to over 217 cities daily.

FLEXIBLE SPACE FOR ALL COMPANY TYPES

ERSP is an ideal site for all sizes and types of bioscience companies: pharmaceutical, biotechnology, bioinformatics, medical device, contract research companies as well as law or VC firms that specialize in the life sciences.

PRIVATE SECTOR COMMITMENT

New York City’s business community, through the New York City Investment Fund and Partnership for New York City, has committed to invest up to $10 million in capital to ERSP. The Investment Fund and its network of corporate investors are ready to work with companies to help them grow and succeed in New York City.