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LIC Ready to Become Life Sciences Hub: Report
Long Island City would be “ideally positioned” to develop space that can meet the demand for life sciences space and amenities, according to a report commissioned by the Long Island City Partnership.
Funded in part by the Empire State Development Corporation, the report cites LIC’s access to transit, emergence as a live-work-innovate neighborhood, and millions of square feet of office and industrial space.
“New York City is home to some of the finest life sciences research institutions in the world,” said James Patchett, president and CEO of the New York City Economic Development Corporation. “ESD and the Long Island City Partnership’s work affirms that the commercial life sciences sector is poised for growth, and that Long Island City is a great home for it.
“Through our LifeSciNYC initiative, NYCEDC looks forward to supporting this growth, and further solidifying New York City as a global leader in life sciences,” he continued.
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