Orange County purchased the property in 2007 for $8.5 million. Since then, several private redevelopment proposals failed to secure necessary approvals…
Norges Bank Investment Management will pay $542.6 million for its 95% ownership interest, valuing the property at a gross value of $571.1 million.
The new “Allied Health and Natural Sciences Life Sciences Center” will feature modern instructional labs, lab support areas, faculty offices, general classrooms, student spaces, and campus services.
WHITE PLAINS—Simone Development Companies reported on Feb. 3 it had completed two new lease deals totaling more than 17,000 square feet at the firm’s 55 Lafayette Avenue in White Plains.
Westchester County Government has leased nearly 10,000 square feet and Sila Services, LLC, an HVAC and plumbing service company, leased 7,250 square feet at the property.
Josh Gopan, AVP of leasing for Simone Development, represented ownership in the lease negotiations, while Sila Services was represented by New York Commercial Realty Group, LLC. The Westchester Government lease was negotiated directly with the tenant
Orange County purchased the property in 2007 for $8.5 million. Since then, several private redevelopment proposals failed to secure necessary approvals…
Norges Bank Investment Management will pay $542.6 million for its 95% ownership interest, valuing the property at a gross value of $571.1 million.
The new “Allied Health and Natural Sciences Life Sciences Center” will feature modern instructional labs, lab support areas, faculty offices, general classrooms, student spaces, and campus services.
The acquisition of the two adjoining properties represents a strategic opportunity to create a best-in-class new building on a prominent development site in the heart of Midtown East.
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