NewYork-Presbyterian On The Hunt For Up To 500k SF

NewYork-Presbyterian Hospital has commenced a search for up to 500k SF of offices to consolidate its administrative footprint in NYC.

The hospital system has narrowed its search down to a short list of specific properties, including RXR’s 237 Park Ave, Brookfield’s One New York Plaza (above), and Fosun Realty’s 28 Liberty, The Real Deal reports.

Cushman & Wakefield’s John Cefaly and Michael Burgio are tasked with finding and locking down the space. Earlier this year, NewYork-Presbyterian signed a 15-year lease for about 10k SF at 463 Seventh Ave. That lease upped the hospital’s space in the building to 55k SF.

It's not known whether that space will be retained or whether the operations it houses will be transferred to the new, much larger space. [TRD]

Continue reading this story with a free account

Log in or register
Sign up for more articles like this
Subscribe to Bisnow's New York Newsletters
Related Stories

Paramount, Warner Bros. Settlement Preserves CRE Commitments For First 5 Years

Office Owners Pulling Back On Flexible Leases As AI Clouds Future Of Work

Digital Media Firm Pivots To AI, Abandons $160M Fort Lauderdale Studio Project

State Farm's 1.1M SF Suburban Atlanta Hub Put Up For Sale

Tennessee University Plans Campus In Chamblee: The Atlanta Deal Sheet

NYC Lawmakers Consider Mandating Lease Extensions For Retailers

NYC Pushes To Use Opportunity Zone 2.0 For Mamdani's Housing Goals

Defense Tech Firms Setting Up Shop In Trump Family's Palm Beach Orbit

Google Delays Thompson Center Opening To 2028, Releases New Renderings

Where Capital Meets Opportunity: Navigating The Next Wave Of CRE Financing At Bisnow’s Event On Sept. 30

Discussing Strategic Capital Stack Structuring At Bisnow's Sept. 30 National Finance Event

Why Top-Secret Facilities Are Permeating Greater D.C.'s Office Market