New York & Tri-State + Uptown/Bronx + Office | January 31, 2019

Memorial Sloan Kettering Leases All of New-Build MOB

Memorial Sloan Kettering Cancer Center (MSKCC) will lease 100% of the approximately 75,000 square feet of office space at 333 E. 61st St. on the Upper East Side.

The new-construction medical office building along Hospital Row is owned by a joint venture of LaSalle Investment Management and the William Macklowe Company. LaSalle acquired a majority interest in the MOB on behalf of its open-end LaSalle Property Fund.

“333 E. 61st follows our successful conversion of 156 William St. into Lower Manhattan’s premier dedicated medical office building, and continues our co-investing relationship with LaSalle Investment Management,” said Billy Macklowe, CEO of the William Macklowe Company.

The property’s immediate trade area contains some of the world’s most prestigious hospitals, medical schools, research centers and outpatient facilities, including New York-Presbyterian Weill Cornell Medical Center, Weill Cornell Medical College, MSKCC, Hospital for Special Surgery, and Rockefeller University.

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About Paul Bubny

Paul Bubny serves as Senior Content Director for Connect Commercial Real Estate, a role to which he brings 13-plus years’ experience covering the commercial real estate industry and 30-plus years in business-to-business journalism. In this capacity, he oversees daily operations while also reporting on both local/regional markets and national trends, covering individual transactions across all property types, as well as delving into broader subject matter. He produces 15-20 daily news stories per day and works with the Connect team and clients to develop longer-form content, ranging from Q&As to thought-leadership pieces. Prior to joining Connect, Paul was Managing Editor for both Real Estate Forum and GlobeSt.com at American Lawyer Media, where he oversaw operations at both publications while also producing daily news and feature-length articles. His tenure in B2B publishing stretches back into the print era, and he has served as Editor in Chief on four national trade publications. Since 1999, Paul has volunteered as the newsletter editor of passenger rail advocacy groups (one national, one local).