10/08/2025 | Press release | Distributed by Public on 10/08/2025 06:37
NEW YORK, Nov. 7, 2025- JLL's Capital Markets group announced today that it has successfully advised Weill Cornell Medicine on the acquisition of 1334 York Avenue, an approximately 500,000-square-foot, Class A commercial building on Manhattan's Upper East Side.
Originally built in 1925 and most recently renovated in 2019, 1334 York Avenue consists of ten stories of office and life sciences/healthcare space. 1334 York Avenue occupies an entire city block between 71st and 72nd Streets along Hospital Row in Manhattan's Upper East Side.
1334 York Avenue is a critical location for Weill Cornell Medicine's continued growth within its Upper East Side campus, proximate to the Sandra and Edward Meyer Research and Education Building at 1300 York Avenue. Other essential locations at WCM's main campus on the Upper East Side include the Weill Greenberg Center at 1305 York Avenue, Belfer Research Building at 413 East 69th Street, and NewYork-Presbyterian/Weill Cornell Medical Center at 525 East 68th Street. The immediate neighborhood is also home to a distinguished network of medical institutions, including Memorial Sloan Kettering Cancer Center, Hospital for Special Surgery, The Rockefeller University, and NewYork-Presbyterian.
For over 125 years, Weill Cornell Medicine in New York City has been a community of world-class physicians, researchers and educators coming together to care, to discover, and to teach. Since 1898, WCM's doctors and scientists have been engaged in world-class clinical care and cutting-edge research that connects patients to the latest treatment innovations and prevention strategies.
The JLL team was led by David Giancola, Geoff Goldstein, Steven Klein, David Carlos and Joe Messina.
JLL Capital Markets is a full-service global provider of capital solutions for real estate investors and occupiers. The firm's in-depth local market and global investor knowledge delivers the best-in-class solutions for clients - whether investment sales and advisory, debt advisory, equity advisory or a recapitalization. The firm has more than 3,000 Capital Markets specialists worldwide with offices in nearly 50 countries.
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For over 200 years, JLL (NYSE: JLL), a leading global commercial real estate and investment management company, has helped clients buy, build, occupy, manage and invest in a variety of commercial, industrial, hotel, residential and retail properties. A Fortune 500® company with annual revenue of $23.4 billion and operations in over 80 countries around the world, our more than 112,000 employees bring the power of a global platform combined with local expertise. Driven by our purpose to shape the future of real estate for a better world, we help our clients, people and communities SEE A BRIGHTER WAYSM. JLL is the brand name, and a registered trademark, of Jones Lang LaSalle Incorporated. For further information, visit jll.com.