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Hospital for Special Surgery to Anchor Extell MOB Project
Extell Development Company will develop what it calls the first prime Class A medical office building on Manhattan’s Upper East Side at 403 E. 79th St. Located in close proximity to the city’s top hospitals and medical research centers, the 30-story, 400,000-square-foot building will be anchored by the Hospital for Special Surgery
HSS has signed a long-term lease for approximately 200,000 square feet of space spread across the first eight floors. The space will be filled with HSS physician offices and ancillary services for treatment of musculoskeletal conditions.
“As the population ages and in anticipation of increased life expectancy, several medical expansions and redevelopments are already underway on the Upper East Side; however, the current medical office inventory is not equipped to meet the modern tenant’s needs,” said Extell chairman Gary Barnett. “403 E. 79th will provide a much-needed new facility to complement the area’s growth.”
- ◦Development
