CORNELL UNIVERSITY COLLEGE OF VETERINARY MEDICINE IS CONNECTICUT-BOUND

Specialty/emergency and critical care hospital to open in 2011 at Building and Land Technology's Harbour Square.

Stamford, CT -- (June 2, 2010) Cornell University's College of Veterinary Medicine has signed a 10-year lease with Building and Land Technology to establish Cornell University Veterinary Specialists (CUVS), a satellite referral and 24-hour emergency care hospital located at 880 Canal Street in Stamford, CT, that will employ 40 veterinarians and staff. The hospital is expected to open in early 2011 and will provide veterinary specialty and emergency critical care services to patients referred by their local veterinarians. CUVS will not engage in general practice and will be the largest and most comprehensive University-affiliated veterinary specialty/emergency and critical care, satellite facility established to date.

The decision to open a referral/emergency clinic in the New York metro area was an outcome of the College's strategic planning process that involved many outside stakeholders, members of the College community, and veterinarians. CUVS will be housed in a 20,000 square-foot building, as part of the $3 billion LEED-certified Harbor Point mixed-use urban redevelopment project, which also includes a new Fairway supermarket, 4,000 new luxury apartments, numerous office buildings, and the worldwide corporate headquarters for Starwood Hotels and Resorts.

"These services will be of tremendous value to the community," said Carl R. Kuehner, III, Building and Land Technology President and CEO. "Companion animals are members of the family for many people, making the demand for cutting edge veterinary medicine - treatments and procedures that rival those available to humans - greater every day."

Board-certified specialists will offer high-end treatments and procedures, such as orthopedic and soft-tissue surgery, emergency and critical care, internal medicine, cardiology, and imaging. Additional services will be added over time, in consultation with referring veterinarians. The hospital will have advanced invasive and non-invasive diagnostic, imaging, and therapeutic modalities, as well as clinician and technical specialists with advanced training onsite. In order to provide the most complete care possible, CUVS veterinarians and staff will also be able to leverage the expertise and equipment located at the Cornell University College of Veterinary Medicine in Ithaca, NY. Via videoconferencing and onsite housing accommodations, CUVS will allow students the opportunity to see specialty and referral medicine in a practical, higher volume environment typical of metropolitan areas.

CUVS will expand the number of veterinary options available in the region; compete fairly based on the quality of medicine and client services offered; and meet a number of significant needs for the College and the profession. It will expand Cornell's role in specialty medicine by creating an integrated veterinary medical center that supports clinical research and expands the educational experience for veterinary residents and students seeking their doctor of veterinary medicine degree. The facility will include a tiered auditorium and overnight rooms for rotating students and residents. It will also allow Cornell to effectively deliver continuing education programming to veterinarians in the New York metropolitan area.

"This is an exciting and innovative initiative for Cornell and one that will combine the best elements of private practice and advanced, discovery-based medicine," said Michael Kotlikoff, Austin O. Hooey Dean of the College of Veterinary Medicine at Cornell University. "We have multiple goals for CUVS, all of which will benefit our clients and patients, and strengthen the College and the veterinary profession."

For more information about CUVS and the College of Veterinary Medicine at Cornell, visit: www.vet.cornell.edu

About BLT
A second-generation real estate development company, Connecticut-based Building and Land Technology (www.BLToffice.com) has completed ventures worth more than $3 billion including over 4 million square feet of commercial development and 4,500+ residential units. BLT trophy properties host the headquarters for Starwood Hotels & Resorts Worldwide, Gen Re, GE Commercial Finance, Diageo, GE Real Estate, Xerox, GE Energy Financial Services, IMS Health and Hewitt. Their numerous office parks, apartment complexes, single family subdivisions, common interest communities and adaptive reuse projects total in excess of 8,000,000 square feet of development throughout Fairfield County.

For additional information please contact Lisa Randazzo, 203.846.1900 x 1510, lisa@BLToffice.com.