ARTHUR A. GIANELLI, NHCC PRESIDENT/CEO, ANNOUNCES RECEIPT OF SIX RESPONSES FROM NATIONAL AND LOCAL REAL ESTATE FIRMS FOR DEVELOPMENT OF “2 VILLAGES” IN UNIONDALE AND EAST MEADOW
April 16, 2009
Contact: Shelley Lotenberg
(516) 572-6055
shelley@numc.edu
FOR IMMEDIATE RELEASE:
ARTHUR A. GIANELLI, NHCC PRESIDENT/CEO, ANNOUNCES RECEIPT OF SIX RESPONSES FROM NATIONAL AND LOCAL REAL ESTATE FIRMS FOR DEVELOPMENT OF “2 VILLAGES” IN UNIONDALE AND EAST MEADOW
COMPRISING 85 ACRES, THE DEVELOPMENT WILL CREATE THOUSANDS OF PERMANENT JOBS, MEET HOUSING NEEDS OF SENIORS, PROVIDE MEDICAL OFFICE AND RESEARCH BUILDINGS, COMMUNITY FACILITIES, MAINTAIN OPEN SPACE – ALL WHILE IMPROVING HEALTH CARE FOR NASSAU COUNTY RESIDENTS
East Meadow, NY……. Arthur A. Gianelli, President/CEO of the Nassau Health Care Corporation, announced that the NHCC had received six responses from national and local real estate firms for the development of 50 acres of the A. Holly Patterson Uniondale campus into the “Senior Village at Patterson” and 35 acres at the Nassau University Medical Center East Meadow campus into the “Village for Healthy Living.” The two developments – each comprising one of the largest development opportunities in Nassau County – will help transform the NHCC’s land resources, revitalize the Long Island economy and improve the healthcare of Nassau’s residents.
“It is exciting and important to the future of the NHCC and to the economy of Long Island, that even during these economic downturns, we have been successful in obtaining extremely strong responses to our request for proposals for the redevelopment of 85 acres of land in the center of Nassau. The responding firms have billions of dollars of healthcare assets all around this country. It is a strong indication that a market exists for the NHCC to further its mission and vision these two properties, while providing a higher quality of health care to the populations that we serve,” said Gianelli.
The firms that responded to the RFP are as follows:
The Beechwood Organization, Jericho, NY/ Long Island Housing Partnership, Hauppauge, NY
Bremner Duke Healthcare Real Estate, Philadelphia, PA
Albanese Organization, Garden City, NY / Garfield Traub Development LLC, Dallas, TX
Rendina Companies, Jupiter, FL
Breslin, Garden City, NY
Health Care REIT, Toledo, Ohio
The conceptual plan for Uniondale’s Senior Village at Patterson will include a new 320-bed A. Holly Patterson nursing home; a 150-bed assisted living facility; a community health center; a 29-station dialysis center; 388 units of senior independent/congregate housing; 100,000 square feet of retail/office space; a community center and athletic field; and approximately four acres of open space and walking trails. The NHCC will continue to own and operate the new nursing home, community health center and dialysis center.
For East Meadow’s Village for Healthy Living, the NHCC is seeking a joint venture partner for the development of medical office buildings for private physicians; an ambulatory surgery center; medical research; a wellness center; community and open space; and new housing for hospital residents and medical students. The NHCC contemplates developing 35 acres in the East Meadow campus by phasing in new construction to link the entire campus into one cohesive village, with upgrades in parking, walkways and roadways, and the creation of open community space.
The NHCC will review the proposals submitted by the national and local firms during the next two weeks, with interviews with the development firms taking place at the end of April and early May.
It is anticipated that by the end of May 2009, the NHCC will have selected a preferred developer for each property or one developer for both the Uniondale and the East Meadow properties. Throughout the rest of 2009, the NHCC will conduct its due diligence and negotiate terms. The closing on the properties will take place at the beginning of 2010.
While the East Meadow property will not require any zoning changes, the NHCC is seeking to rezone the Uniondale property with the Town of Hempstead in a way that is consistent with the vision for the Senior Village at Patterson.
“This has been a long and fruitful process, with numerous meetings between NHCC and the Uniondale and East Meadow communities, in order to reach consensus for the “2 Villages” concept. During the next few months, we will continue this community dialogue and obtain their input. It is our goal, through the transformation of our land resources, to promote a healthy Nassau and provide the highest quality of healthcare to the populations that we serve,” concluded Gianelli.