NEW YORK (GenomeWeb News) — The New York Genome Center has signed a 20-year lease for 170,000 square feet of space in a high rise in downtown Manhattan, the institute said today.

The NYGC will occupy seven floors within the building, an office tower at 101 Sixth Avenue. Construction for the facilities will begin this month at an estimated cost of $47 million and is expected to be completed by mid-2013.

Edward J. Minskoff Equities, the building's landlord, will provide almost $9 million in tenant improvements for the building.

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