University At Albany Foundation Will Purchase The Former Sterling Winthrop Facility
1995 December 5
Announcement that with the support of a $5 million New York State economic development grant secured by New York State Senator and Majority Leader Joseph L. Bruno that the University at Albany Foundation will purchase the former Sterling-Winthrop facility in East Greenbush for a biotechnology research center and business incubator space. The actual purchase price of the facility is $4 million with a further $1 million for renovations. The purchase of the 360,000 square foot space will increase the size of the University's physical plant by 20%. The buildings contain approximately 230,000 square feet of laboratory space.
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Source Details
Mary Fiess, "Foundation to Buy Sterling-Winthrop Buildings for University Research Center," Update, December 6, 1995, p. 2