Weill Cornell Medicine is expanding its real estate agreement at 575 Lexington Ave. to provide state-of-the-art clinical care at the Midtown Manhattan location by 2025.
The new space, which represents a 100,000-foot expansion of current space in the same building, will be renovated to support exceptional patient services in a well-situated midtown location with convenient access from Grand Central Terminal and three major subway lines.
“This expansion project is very exciting for our institution as we seek to broaden our footprint in New York City,” said Dr. Robert A. Harrington, the Stephen and Suzanne Weiss Dean of Weill Cornell Medicine and provost for medical affairs of Cornell University. “This new space at 575 Lexington will allow us to offer the best care possible to more patients citywide and will add to our growing enterprise focused on excellence in clinical care, medical research and education.”
A long-time tenant of the building, Weill Cornell Medicine previously leased 200,000 square feet for administrative offices for institutional staff. The new agreement reconfigures the existing usage and expands the footprint by 100,000 square feet to occupy nine floors, including a new separate lobby entrance. Weill Cornell Medicine remains the largest tenant in the building.
The 30-year lease reflects Weill Cornell Medicine’s long-term commitment to providing increased access to quality medical care throughout New York City. The expansion at 575 Lexington represents the next phase of growth for Weill Cornell Medicine, including recent practices in Long Island City and Southampton.
“The new space at 575 Lexington will be a convenient destination for patients living and working in Midtown Manhattan to receive exemplary care from Weill Cornell Medicine physicians and care providers,” said Dr. Robert Min, president and chief executive officer of Weill Cornell Medicine’s Physician Organization, a faculty practice that includes nearly 2,000 clinical providers. “Reaching and providing care to the greatest number of patients in New York City is our top priority.”
Construction at 575 Lexington Ave. will begin in Spring 2024, with clinical practices expected to begin opening Fall 2025.