Related’s doctor will see you now (but only if you live or work in Hudson Yards)

Mount Sinai to open medical facility on second floor of 55 HY

New York /
Sep.September 06, 2017 08:30 AM

When a developer wants a medical facility in his company’s skyscraper, sitting on a hospital’s board doesn’t hurt.

Mount Sinai Medical Center is taking space on the second floor of 55 Hudson Yards, where it will run a facility open only to Hudson Yards residents and tenants. Related Companies’ CEO Jeff Blau, who is a member of the hospital’s board, helped arrange the deal, the New York Post reported.

Related is developing the mixed-use complex in partnership with Oxford Properties Group. In 2014 Mitsui Fudosan bought a majority stake in 55 Hudson Yards for $259 million.

Tenants in the 780-foot-tall tower include Steven Cohen’s Point 72 Asset Management, Intercept Pharmaceuticals and Silver Lake Partners. In March, The Real Deal reported that Dan Loeb’s hedge fund Third Point is moving into the top three floors.  That deal has now been finalized, according to the Post. [NYP] — Konrad Putzier


Related Articles

arrow_forward_ios
Related's Jamar Adams and Steve Ross with 14-06 Gateway Boulevard (Credit: Getty Images and Google Maps)
Related is the latest developer to target the Rockaways
Related is the latest developer to target the Rockaways
From left: Colony Hills’ Glenn Hanson and Rosewood’s Jonathan Brody with The Royce at Trumbull (Getty, Royce at Trumbull, LinkedIn, Rosewood)
Investors sell Trumbull apartments for 23% markup from last year
Investors sell Trumbull apartments for 23% markup from last year
Street Partnership's Dan Biederman with Herald Square
“We’re not alarmed:” Herald Square retail in reverse
“We’re not alarmed:” Herald Square retail in reverse
Mayor Eric Adams and 700 Eighth Avenue (Google Maps, LoopNet)
Midtown’s Row hotel to house up to 600 migrant families
Midtown’s Row hotel to house up to 600 migrant families
Hoboken City Council's Michael Russo with 308 Willow Avenue (Google Maps, Hoboken, Getty)
Hoboken hospital eyed for eminent domain
Hoboken hospital eyed for eminent domain
From left: Jean-Georges Vongerichten and L&L Holding Company chairman David Levinson in 425 Park Avenue (Getty Images, L&L Holding Company, 425ParkAve.com)
L&L’s 425 Park Ave cooking up Jean-Georges restaurant
L&L’s 425 Park Ave cooking up Jean-Georges restaurant
Arlington Village at 3100-3124 Atlantic Avenue in East New York, Brooklyn (Google Maps, Getty)
Developing in downtrodden areas gets dicey
Developing in downtrodden areas gets dicey
Larry Silverstein with 120 Broadway
Housing agency nabs two floors at Silverstein’s 120 Broadway
Housing agency nabs two floors at Silverstein’s 120 Broadway
arrow_forward_ios

The Deal's newsletters give you the latest scoops, fresh headlines, marketing data, and things to know within the industry.

Loading...