NEW YORK—HealthCor Management, a healthcare investment manager with $3.2 billion in assets, is relocating to Hudson Yards. The company invests across the healthcare and life sciences industries, including biotech, pharmaceutical companies, and medical technology and services.
In signing a 20,000 square-foot lease at 55 Hudson Yards, HealthCor will move from its current location at 152 West 57th St., the 60-story skyscraper, Carnegie Hall Tower. Designed by architect Cesar Pelli, the structure in Midtown's Plaza district was known as New York's “sliver” building for its tall and thin appearance.
Fifty-five Hudson Yards, a 1.3 million square-foot, 51-story building, designed by Kohn Petersen Fox, is scheduled to open in 2018. Tokyo-based Mitsui Fudosan holds a 92% interest in 55 Hudson Yards and a 90% interest in 50 Hudson Yards. Both buildings are being developed by minority-interest holders, the Related Companies and Oxford Properties Group.
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Betsy Kim
Betsy Kim was the bureau chief, East Coast, and New York City reporter for Real Estate Forum and GlobeSt.com. As a lawyer and journalist, Betsy has worked as the director of editorial and content for LexisNexis Lawyers.com, a TV/multi-media journalist for NBC and CBS affiliated TV stations in the Midwest, and an associate producer at Court TV.
