New research facility at Lou Gehrig’s birthplace to be named Iron Horse Labs

New York Yankees legend Lou Gehrig, the “Iron Horse” who played in a then-record 2,130 consecutive games from 1925-1939, was born at 309 E. 94th St.

So it’s altogether appropriate that developer Elevate Research Properties, a subsidiary of Taconic Partners, plans to name a cutting-edge research facility it’s building at the site Iron Horse Labs. It’s a tribute to the great first baseman who died in 1941 at age 37, a victim of the paralyzing condition known as ALS, which is commonly called “Lou Gehrig’s Disease.”

“His story can inspire life-saving research,” said Elevate president Matthew Weir.

The 200,000 square-foot project, reported here for the first time, will be leased as a potential “flagship opportunity to medical and scientific research organizations, life-science laboratories and academic medical institutions,” Weir said.

Elevate and its partners, Nuveen Real Estate and Flatiron Equities, bought the land for $70 million, part of their total $350 million development cost. The new building will have features such as a unique, double-height specialty research space, sophisticated energy-efficient systems and several outdoor terraces.

An exterior plaque at the site marking Gehrig’s birthplace, installed by the Yankees in the 1990s, is to be restored and re-installed in the lobby.

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