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New York & Tri-State  + New York  + Healthcare  |  February 12, 2020
Paul Bubny
By: Paul Bubny

NY State Okays Mt. Sinai’s $1B Plan for Lower Manhattan Campus

The New York state Public Health and Health Planning Council has approved Mount Sinai’s $1 billion plan to build a new Beth Israel hospital and a behavioral health center in downtown Manhattan. Mount Sinai filed an application for the project last July and will now move forward on receiving public input.

The health system plans to build a replacement facility for Mount Sinai Beth Israel Hospital and a behavioral health center. It also plans to upgrade the New York Eye and Ear Infirmary.

Mt. Sinai earmarked $600 million of the investment to build the replacement hospital. The replacement facility, which will house 70 beds and an emergency room, will be two blocks from the current location.

The behavioral health center is expected to cost $140 million.

“This transformation will allow us to continue serving the needs of downtown community for decades to come,” Mt. Sinai said in a statement.

For comments, questions or concerns, please contact Paul Bubny

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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 16-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 7-10 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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