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Taconic and Partners Plan Upper East Side Lab Project

Elevate Research Properties, the life science subsidiary of Taconic Partners, has revealed plans for a 200,000-square-foot, Class A research lab on the Upper East Side of Manhattan. To be named Iron Horse Labs, the new research building will be located at 309 E. 94th St., the birth site of legendary Yankees’ baseball player Lou Gehrig. Gehrig famously earned the nickname “Iron Horse” given his record streak of consecutive games played.

“Elevate is excited to bring another world-class research development to the growing New York City market,” said Matthew Weir, president of Elevate Research Properties. “This particular project is especially unique given its rich history along with the rare combination of size, features, and location.”

The project, being developed with partners Nuveen Real Estate and Flatiron Equities, is located blocks from several major academic and medical institutions including Rockefeller University, Weill Cornell, Mount Sinai, Memorial Sloan Kettering, NYC Health + Hospitals, and the Hospital for Special Surgery.


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Elevate Research Properties

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 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).

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