(Save the date: RealShare New York comes to the Grand Hyatt, New York, NY, October 9.)

NEW YORK CITY-Following an extensive search throughout Manhattan, the New York Genome Center found its perfect fit in Midtown South. The nonprofit medical research organization inked a 20-year deal for 170,000 square feet inside Edward Minskoff’s 101 Avenue of the Americas in the city's Hudson Square neighborhood, where it will develop a state-of-the-art office/lab facility.

“This deal continues to validate the fact that New York City has become a hub for biotech and life sciences not only nationally, but globally,” says Paul Glickman, vice chairman at Jones Lang LaSalle, who represented the landlord on the deal along with JLL’s Mitchell Konsker, Matt Astrachan, Peter Riguardi, and Jonathan Fanuzzi. “These tenants like the NYGC are attracted to New York City because of all of the benefits and features that the city brings, but also because of the robust intellectual capital base we have, which is unparalleled probably anywhere else in the world.”