News: Brokerage

Avison Young leases 35,469 s/f to NYCBS at Radio Tower

Manhattan, NY Avison Young arranged a new 35,469 s/f lease to bring New York Cancer & Blood Specialists (NYCBS) to the Radio Tower, Northern Manhattan’s first high-rise, mixed-use project in 50 years.

NYCBS will occupy the full eighth, ninth and eleventh floors at 500 West 181st St., the 23-story tower developed by Youngwoo & Associates.

Avison Young’s Marty Cottingham, Michael Gottlieb, Patrick Steffens, Joel Wechsler and Alexis Odgers represented Youngwoo & Associates in the lease transaction, alongside Arthur Mirante, II of Savills. Ari Malul of Schuckman Realty represented NYCBS.

Clad in eight different colors of glazed ceramic brick, Radio Tower overlooks the Harlem and Hudson Rivers with river-to-river views. The 305,000 s/f mixed-use facility includes an 85,000 s/f, 221-room boutique hotel and 167,000 s/f of class A office space.

Dominican restaurant Jalao NYC, from restaurateurs Antonio Espaillat and chef Noemi Guzman, operates out of the ground-floor retail space and offers catering for the office spaces above, as well as events held at Above The Heights, a 13,000 s/f dedicated event space located on the 12th floor.

Additional building amenities include an outdoor courtyard and garden, multiple outdoor terraces, a grab-and-go café, rooftop lounge and indoor attended parking for 169 cars.

“This marquee property in the heart of Washington Heights deserved a high-quality tenant that will bring a significant number of jobs and critical medical services to this vibrant community. Avison Young worked closely with Youngwoo & Associates to find the ideal use for this space and the world-class medical services offered by NYCBS will truly be a game-changer for the area,” said Cottingham.

NYCBS has more than 30 locations and 35 hospital affiliations throughout Nassau and Suffolk counties, in the Bronx, Manhattan, Queens, Staten Island, and Brooklyn. The medical facility is dedicated to eliminating barriers to care and reducing cancer disparities across the region and New York state. Their multidisciplinary approach offers patients advanced imaging, cutting-edge therapies, surgery, on-site lab and pharmacy services, and support services, such as psychology, nutrition and more.

Expected to open in summer 2025, the new Washington Heights location provides patients with access to world-class, patient-centered, and affordable care, advancing NYCBS’ goal to bring cancer and blood disorder treatments closer to patients’ homes, families, and support networks.

“Youngwoo & Associates is thrilled to announce the lease for NY Cancer and Blood Specialists at the Radio Tower. This project embodies our vision to bring high-quality office space to a vibrant and growing neighborhood, transforming the Radio Tower into a true beacon for the community. Our goal is to provide essential services and contribute meaningfully to the neighborhood’s continued growth and vitality,” said Bryan Woo, president of Youngwoo & Associates.

Located in close proximity to Columbia Presbyterian Hospital and Yeshiva University, Radio Tower is accessible via the nearby 1 and A subway lines, multiple bus lines and the George Washington Bridge.

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