Investment management firm buys NYU Langone care center for $47.5 million

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The building spans about 46,000 square feet, and NYU Langone takes up most of that space with about 42,000 square feet, according to CoStar. Chesky Productions is also a tenant of the property, which was built in 1910 and renovated in 1994.

The NYU Langone Center on West 52nd Street offers same-day emergency care services for minor injuries or illnesses such as colds and flu. His other specialties include sports medicine, dermatology, internal medicine and acupuncture.

Eastdil Secured’s Jeffrey Organisciak was the listing broker for the deal, according to CoStar. Eastdil and NYU declined to comment on the deal, and Seavest did not respond to a request for comment. A representative for Silverberg could not be reached for comment.

Seavest specializes in venture capital and real estate, and has a team dedicated specifically to healthcare properties. It is a long-term holder of these buildings, and its other health care facilities include NYU Langone Medical Plaza at 902 Quentin Road in Brooklyn, an NYU Langone facility in Bethpage, Long Island, and Conventus Medical Center in Buffalo. . It also has health care projects in several other states, including California, Texas, and Pennsylvania.

The Manhattan office market continued to struggle amid the pandemic. Rental activity fell 8.2% in May and the borough’s availability rate was 17.2%, much higher than before the pandemic.

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