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KDA Arranges Lease for Prototype Labs

New York, 05/17/2010 - Kalmon Dolgin Affiliates, Inc. has arranged a 10,500 square foot lease for Weill Cornell Medical College at the Falchi building located at 31-00 47th Avenue in Long Island City, Queens. Josh Dolgin, Vice President of Kalmon Dolgin Affiliates, made the announcement.

Weill Cornell Medical College is building a major new biomedical research facility on East 69th Street and they leased space in the Falchi Building to design, build and create "prototype"lab facilities for use in this new bio research building. they will build the protoypes at the Falchi Building and have doctors, administrators andboard members come to inspect and evaluate the protoypes labs.

Jeffrey Unger of Kalmon Dolgin Affiliates represented the owner in the transaction. John Adams of John L Adams Associates represented the tenant.

"Weill Cornell Medical College was attracted to the Falchi Building because of its very close proximity to their planned biomedical research facility in Manhattan via bridge and tunnel, as well as the great public transportation access, "said Mr Unger of KDA. "They were also attracted by the buildings 24/7 access and security, as well as the private indoor parking available to tenants and their guests".

The Falchi Building has become Long Island Citys premier mixed-use complex, with redesigned office, professional, showroom, R & D, manufacturing and flex space. Acquired by Kalmon Dolgin Affiiates in 2005, the five story, 623,000 square feet Falchi building is in the heart of one of New Yorks historical industrial and manufacturing districts and features high-capacity loading docks, eight freight elevators, two large passenger elevators and on-site parking. Following a multi-million dollar capital improvement effort by Kalmon Dolgin, the proeprty has become one of New York Citys most desirable industrial, commercial and manufacturing business addresses.

Founded in 1904, Kalmon Dolgin Affiliates offers over a centurys worth of experience in the management, sale, leasing and marketing of commerical and industrial property throughout the New York Metropolitan region. In addition to its staff of 35 brokers, Kalmon Dolgin Affiliates, throught its subsidiary, KND Management Co., Inc. operates a portfolio of over six million square feet of industrial, office, medical and retail space in ten states. Their highly-trained professionals offer a practical, street-wise approach to real estate, supported by the lastest in real estate management and research technology and four generations of unparalleled expertise.




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by: CityBiz Real Estate