309 East 94th Street, is an existing 69,000 SF loft-style building and adjacent garage property on Manhattan’s Upper East Side. The property, which runs block-through from East 94th to East 95th Street situated between First and Second Avenues, is to be reimagined as Iron Horse Labs.
Taconic Partners acquired the asset in December 2021 and is developing a 200,000 SF state-of-the-art, purpose-built research laboratory designed by Perkins & Will. Iron Horse Labs’ eight stories are to incorporate the existing five-story industrial loft structure into new construction on the site of the smaller buildings to be demolished, as well as a portion built atop the existing structure to be repurposed. The project includes lab ready infrastructure, a flexible high-bay research space, multiple loading facilities to the north and south, and upper floor outdoor terraces. Design elements and infrastructure will focus on resiliency, as well as energy-efficient systems as part of our commitment to environmental, social and governance (ESG) initiatives. The facade integrates functional components designed to improve the building’s energy performance such as sun-shading, into an architectural element meant to recall baseball pennants, to mark the location’s historical significance as the birth-site of Hall of Famer Lou Gehrig. As the lone example of commercial lab development near many major academic medical institutions on New York’s Upper East Side, and steps from the current terminus of the Second Avenue Q train, Iron Horse Labs will continue to meet the growing demand for commercial life science space in NYC.