What is the latest status of the project “Taystee Lab Building”?

The status recorded for “Taystee Lab Building” is facing foreclosure.

What is the budget and commercial profile for the project “Taystee Lab Building”?

Taiyo normalizes the budget of “Taystee Lab Building” to USD 700000000.

Where can I verify the source and access all details for “Taystee Lab Building”?

This Taiyo project page references Hoodline along with the original URL (https://hoodline.com/2026/05/foreclosure-fight-puts-harlem-s-700-million-taystee-lab-hub-on-the-brink/). Taiyo standardizes official data into a consistent, searchable project profile.

Taystee Lab Building

Sector: Commercial • Location: New York City, New York, United States

Source: Hoodline

Project

Facing Foreclosure

The Taystee Lab Building is an 11-story, roughly 350,000-square-foot complex developed as a life sciences hub in West Harlem, New York City. It was promoted as a $700 million investment with lab-grade infrastructure to support biotech research and startups, including City College of New York's City Innovations Collaborative and Harlem Biospace incubator. The project is now facing foreclosure due t

Status: Prospective
Sector: Commercial, Residential
Location: New York City, New York, United States of America
Updated: 22 Jul 2026
Source: Hoodline

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Project Information

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The project “Taystee Lab Building” is an infrastructure initiative in the Commercial sector, located in New York City, New York, United States. Taiyo aggregates data on it from Hoodline.

Participants

Not available for this record.

Status

Original status	facing foreclosure
Taiyo status	Prospective
Taiyo last update	2026-07-22

Contact

Not available for this record.

Description

Description	The Taystee Lab Building is an 11-story, roughly 350,000-square-foot complex developed as a life sciences hub in West Harlem, New York City. It was promoted as a $700 million investment with lab-grade infrastructure to support biotech research and startups, including City College of New York's City Innovations Collaborative and Harlem Biospace incubator. The project is now facing foreclosure due to a $50 million loan default, raising concerns about its future and impact on tenants.
Original sector	Real Estate & Development
Budget

Location

Country	United States of America (USA)
State	New York
City	New York City

Source

Source	Hoodline
URL

More Details

Record type	Project
Sector	Commercial, Residential
Article published date	2026-05-15

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