New York & Tri-State + Fairfield/Westchester + Healthcare | April 7, 2023

Atkins, Denholtz Acquire 59-Acre Healthcare Facility in Chappaqua

Atkins Companies and Denholtz Properties have acquired the Medical Offices at Chappaqua Crossing, a 490,000-square-foot, 59-acre healthcare facility located at 480 Bedford Rd. in the Westchester County hamlet of Chappaqua, NY. Pricing wasn’t disclosed. The property is currently anchored by Northwell Health’s Northern Westchester Hospital.

The Medical Offices at Chappaqua Crossing is a key component of Chappaqua Crossing, a redevelopment of the former Reader’s Digest global headquarters in Westchester County. In addition to Northwell Health, Optum’s CareMount Medical, a network of physicians and care teams across New York, New Jersey and Southern Connecticut also has a significant presence at the property.

“Over our history, our hands-on asset management approach has fostered successful relationships with many of the region’s most respected healthcare networks,” said Bob Atkins, managing partner of Atkins Companies. “We are excited to work with our partner, Denholtz Properties, to tap into the tremendous potential of this unique asset.”

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About Paul Bubny

Paul Bubny serves as Senior Content Director for Connect Commercial Real Estate, a role to which he brings 13-plus years’ experience covering the commercial real estate industry and 30-plus years in business-to-business journalism. In this capacity, he oversees daily operations while also reporting on both local/regional markets and national trends, covering individual transactions across all property types, as well as delving into broader subject matter. He produces 15-20 daily news stories per day and works with the Connect team and clients to develop longer-form content, ranging from Q&As to thought-leadership pieces. Prior to joining Connect, Paul was Managing Editor for both Real Estate Forum and GlobeSt.com at American Lawyer Media, where he oversaw operations at both publications while also producing daily news and feature-length articles. His tenure in B2B publishing stretches back into the print era, and he has served as Editor in Chief on four national trade publications. Since 1999, Paul has volunteered as the newsletter editor of passenger rail advocacy groups (one national, one local).

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