A 15-acre site in Lake Success will soon host a 200,000-square-foot cell and gene therapy research hub, backed by up to $150 million in state funding. The project aims to support startups, create hundreds of jobs, and propel Long Island's life sciences sector. The hub will include a business incubator to help bring scientific discoveries to market.
Broadhollow Bioscience Park is revitalizing Long Island's life sciences sector. With Estee Lauder as a new anchor tenant and Dan Polner as executive director, the park is set to expand. Governor Kathy Hochul’s Long Island Investment Fund (LIIF) recently allocated $60 million to bolster local biotech startups and research institutions. Plans for a new 60,000-square-foot facility aim to strengthen collaborations with top institutions like Brookhaven National Laboratory and Stony Brook University. These initiatives position Broadhollow to drive innovation, create jobs, and boost the regional economy.