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- EIN 45-3533828
- (718) 804-7835
- 450 Clarkson Ave Brooklyn NY 11203-2012 USA
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Nonprofit Overview
Causes: Economic Development, Urban & Community Economic Development
Mission: The corporation was formed to attract, encourage, develop, improve and assist the life science and technology industries and public and private r&d institutions in new york state by developing affordable biotechnology/science research (wet/dry lab) and manufacturing space in new york city. Approximately 486,000 square feet of space at the southern end of building a in the brooklyn army terminal is being developed for a science and technology community of tenants. At this time all of the developed phase i space is occupied.
Programs: By providing these facilities and related support for the application, expansion and commercialization of biotechnology, life sciences, and hard sciences research at the brooklyn army terminal, biobat fulfills its mission. The development of the space at biobat is being done in phases. Phase i is complete and fully occupied. Phase ii is in development, with one current tenant and 60,000 square feet of space ready for development. Biobat is in negotiations with several potential tenants to lease the remainder of the space. Biobat holds a lease interest in a portion of the brooklyn army terminal and is committed to creating a 21st century working waterfront. Thus far government funding has allowed biobat to acquire, maintain and develop this leasehold interest, as well as develop space for innovative companies to apply for occupancy and enter into leases for space.