Mayor Eric Adams and Gov. Kathy Hochul announced plans to build a $1.6 billion life sciences hub in Manhattan, advancing the city's long-standing priority to becoming a global leader in the field.
Make your contribution now and help Gothamist thrive in 2022.Mayor Eric Adams and Gov. Kathy Hochul announced plans to build a $1.6 billion life sciences hub in Manhattan, advancing the city's"This is where we'll invent new vaccines, cure chronic disease, and unlock the knowledge that will help millions of people to live longer, stronger, and healthier lives," Adams said at a joint news conference with Hochul on Thursday.
It's expected to serve as an academic and job pipeline for the growing life sciences sector, which both the city and state have attempted to gain a foothold in for years. That goal for such a facility was made even more pressing after the pandemic hit New York City, prompting lawmakers to examine what tools it has to manage a similar crisis in the future.
Life science had remained a priority under prior administrations, notably that of former Mayor Bill de Blasio,in the life sciences sector, including money toward an applied sciences center. But then-Gov. Andrew Cuomo launched his own separate initiative, committing $650 million toward the sector. The two proposals, however, never merged.
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