Weill Cornell Medicine just signed an expansion lease to add state-of-the-art clinical care to its Midtown location by 2025.
The research and educational institution took 100,000 square feet for patient-care facilities and also renewed on its 200,000 square feet of administrative space at the 35-story tower, which is owned by a joint venture that includes Cannon Hill Capital Partners and George Comfort & Sons.
Weill Cornell, the towers largest tenant, will now have eight full floors as well as a portion of the ground floor earmarked for patient care with its own lobby.
The expansion portion of the deal reflects a growing trend of landlords flexibility to accommodate non-traditional tenants in office buildings, such as Touro Colleges full-scale move to Rudin Managements 3 Times Square last year.
The Weill Cornell growth brings the 745,000 square-foot tower at the corner of East 51st Street to 88% leased. Other large tenants include Warshaw Burstein LLP and Blue Owl Capital. Sources said asking rents range from the mid-$70s to low $80s per square foot.
George Comfort CEO Peter S. Duncan called Weill Cornell a bedrock New York City institution, while Dr. Robert Min, CEO of its faculty-practice Physician Organization, said the new space at 575 Lexington will be a convenient destination for patients living and working in Midtown Manhattan to receive exemplary care.
Weill Cornell Medicine was repped by Newmarks David Falk, Andrew Sachs and Ben Shapiro. The ownership was repped in-house by George Comforts Duncan and Dana Pike.
The trial of a dentist accused of murdering his wife by poisoning her protein shakes has begun in the US state of Colorado.
James Craig denies using cyanide and tetrahydrozoline, an ingredient in over-the-counter eye drops, to kill Angela Craig in a suburb of Denver.
During the trial’s opening statements on Tuesday, prosecutors claimed the 47-year-old was having an affair with another dentist, had financial difficulties and may have been motivated by the payout from his wife’s life insurance.
Image: Angela and James Craig with their six children. Pic: NBC
Assistant District Attorney Ryan Brackley told the jury at Arapahoe District Court that the 43-year-old victim – who had six children with her husband – had been suffering worsening symptoms including dizziness, vomiting and fainting.
She died in March 2023 during her third trip to the hospital that month.
Mr Brackley accused Craig of poisoning her protein shakes – then giving his wife a final dose of poison while she was in hospital, and said: “He went in that [hospital] room to murder her, to deliberately and intentionally end her life with a fatal dose of cyanide … She spends the next three days dying.”
Craig, who shook his head at times during the prosecution’s opening statement, has pleaded not guilty to several charges, including first-degree murder, solicitation to commit murder and solicitation to commit perjury.
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Prosecutors said Craig had tried to make it appear his wife of 23 years had killed herself. His internet history showed he had searched for “how to make a murder look like a heart attack” and “is arsenic detectable in an autopsy”.
In an argument, captured on home surveillance video, his wife also accused him of suggesting to hospital staff that she was suicidal.
Image: Ryan Brackley claimed James Craig administered poison to his wife while she was in hospital. Pic: Denver Gazette/ AP
After Craig’s arrest in 2023, prosecutors alleged that he had offered a fellow prison inmate $20,000 (£14,993) to kill the case’s lead investigator and offered someone else $20,000 to find people to falsely testify that Angela Craig planned to die by suicide.
Craig’s attorney, Ashley Whitham, told the jury to consider the credibility of those witnesses, calling some “jailhouse snitches”.
Ms Whitham argued that the evidence didn’t show that he poisoned her, instead seeming to suggest she may have taken her own life.
Image: Ashley Whitham, defending Craig, argued that the evidence didn’t show that he poisoned his wife. Pic: Denver Gazette/AP
She described Angela Craig as “broken”, partly by Craig’s infidelity and her desire to stay married, since they were part of The Church of Jesus Christ and Latter-day Saints.
Hospital staff had said Craig had been caring and “doting” while Angela Craig was in the hospital, said Whitham.
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The defence argued prosecutors had overdramatised Craig’s financial problems and dismissed the prosecution’s suggestion that Craig was motivated to kill because of an affair he was having with a fellow dentist from Texas.
“That’s simply not the case,” Whitham said, adding that Craig had many affairs over the years that his wife knew about. “He was candid with Angela that he had been cheating.”
An icon of ASML is displayed on a smartphone, with an ASML chip visible in the background.
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ASML reported second-quarter earnings that beat estimates with the its key net bookings figure ahead of consensus.
However, the chip equipment giant missed analyst expectations for revenue guidance in the current quarter and warned of the possibility of no growth ahead.
Here’s how ASML did versus LSEG consensus estimates for the second quarter:
Net sales: 7.7 billion euros ($8.95 billion) versus 7.52 billion euros expected
Net profit: 2.29 billion euros vs 2.04 billion euros expected
In its own previous forecast issued in April, ASML had said it expected second-quarter net sales of between 7.2 billion euros and 7.7 billion euros. In a pre-recorded interview posted on ASML’s website, the company’s Chief Financial Officer Roger Dassen said the beat was due to revenue from upgrading currently deployed machines as well as tariffs having a “less negative” impact than anticipated.
Analysts anticipated net bookings — a key indicator of order demand — would come in at 4.19 billion euros over the April-June stretch. ASML reported net bookings of 5.5 billion euros.
ASML is one of the most important semiconductor supply chain companies in the world. It makes extreme ultraviolet lithography (EUV) machines, which are required to manufacture the most advanced chips in the world, such as those designed by Apple and Nvidia.
Like many companies in the semiconductor industry, ASML has been grappling with uncertainty created by U.S. tariff policy.
The company forecast third-quarter revenue of between 7.4 billion euros and 7.9 billion euros, which was shy of market expectations of 8.3 billion euros.
ASML said it expects full-year 2025 net sales to grow 15%, narrowing its guidance from a previously announced forecasts of between 30 billion euros to 35 billion euros.
However, the Dutch tech giant was less certain about the outlook for 2026.
“Looking at 2026, we see that our AI customers’ fundamentals remain strong,” ASML CEO Christophe Fouquet said in a statement.
“At the same time, we continue to see increasing uncertainty driven by macro-economic and geopolitical developments. Therefore, while we still prepare for growth in 2026, we cannot confirm it at this stage.”
The Veldhoven, Netherlands-headquartered company has released its next generation EUV tools known as High NA, which stands for high numerical aperture. These machines, which are larger than a double-decker bus and can cost more than $400 million each, are key to ASML’s future growth plans.
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