Lenox Hill Hospital to see a $2B renovation. Here’s what Northwell Health is planning.

The overhaul would also create a 200-unit resi building on current site

New York /
Mar.March 08, 2019 09:00 AM

A rendering of Lenox Hill Hospital tower (Credit: Northwell Health)

Lenox Hill Hospital owners Northwell Health think the Upper East Side site’s existing 10 buildings are just too old and too small.

They are expected to announce a $2 billion renovation package, that will include the creation of a 41-story, 200 unit residential building at the Park Avenue corner of the site, according to the Wall Street Journal. It is not yet known what developer will be tapped to work on the new residential building.

The current hospital site stretches an entire city block between Park and Lexington Avenue, at 76th to 77th streets. Some of the hospital’s facilities date back to the 1800s.

The planned renovation includes a 516 foot hospital room tower, new physician practice offices, and the potential demolition of three townhouses on the north side of 77th to create one new building.

Northwell Health will need to receive city and community approval for the project. City Council member Keith Powers, who represents the area, told the Journal that public consultation would be essential.

“It’s incredibly important that there is a lot of public participation in the plan and concerns for those who live in or around the hospital are addressed through the land-use process,” Powers said.

Northwell are currently partnering with University Financing Foundation to develop six buildings on the Upper East Side that a new outpatient care center, a cancer center, an ambulatory surgery center and medical offices.They received a $246 million loan for the project in August. [WSJ] – Decca Muldowney

 

Related Articles

arrow_forward_ios
The Economic Innovation Group identified 145 real estate investments in Opportunity Zones (iStock)

Real estate deals dominate Opportunity Zones. Is that bad?

Real estate deals dominate Opportunity Zones. Is that bad?
The Grand Hyatt Hotel at 109 East 42nd Street and and  RXR’s Scott Rechler (Wikipedia Commons; Getty)

Grand Hyatt redevelopment could be 1,600-foot supertall

Grand Hyatt redevelopment could be 1,600-foot supertall
A rendering of Gowanus Green and HPD commissioner Louise Carroll (Rendering via Jonathan Rose Companies)

Massive Gowanus development will be 100% affordable

Massive Gowanus development will be 100% affordable
Miki Naftali

Is urban living dead? “I don’t buy it,” says Miki Naftali

Is urban living dead? “I don’t buy it,” says Miki Naftali
Sheldon Solow (Getty)

Billionaire developer Sheldon Solow dies at 92

Billionaire developer Sheldon Solow dies at 92
40 East 94th Street, 415 East 45th Street and Dr. Oz (Photos via StreetEasy, Wikipedia Commons)

Sister of Dr. Oz pulls back curtain on family dispute

Sister of Dr. Oz pulls back curtain on family dispute
Peter Koo and the Flushing waterfront (Facebook, Flushing Waterfront, rendering by Jeff Strikeman Architectural Art)

Flushing … another project down the toilet?

Flushing … another project down the toilet?
Photo-illustration (images via Getty)

Kiss the ring: City pols weigh heavy on development in these major markets

Kiss the ring: City pols weigh heavy on development in these major markets
arrow_forward_ios

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

Loading...