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NYBC Leases 55,000 SF in $6.5M Deal

NEW YORK CITY-New York Blood Center takes the freestanding building at 1200 Prospect Ave. in Westbury, NY to house new administrative offices, a laboratory and warehouse space. The 15-year, 55,000-sf deal is valued at $6.5 million.

By Michael Gilliard | Updated on March 18, 2002

NEW YORK CITY-Manhattan-based New York Blood Center (NYBC) has expanded its Long Island administrative office, leasing 55,000 sf at 1200 Prospect Avenue in Westbury, NY. The 15-year, 55,000-sf deal is valued at $6.5 million. Planned use for the freestanding, single-story building includes administrative offices, a laboratory and warehouse space.

Managing director at Insignia/ESG Roy Chipkin brokered for NYBC. “The Westbury location was a logical decision because it offers convenient access to highways and hospitals,” says Chipkin. David Hunt of Hunt Corporate Services represented management Westbury Realty Ventures.

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