The Wexler Healthcare Properties Team is a trusted source for industry news and opinion. Here are a few recent stories we were featured in.
Preview: As big-box retailers reduce their brick-and-mortar presence in New York City, an emerging class of tenants is proving to be just what the doctor ordered.
Empire State Realty Trust is targeting “medtail” — medical tenants in retail spaces — for its 44,000-square-foot retail condo at the base of 1010 Third Avenue.
Preview: This longtime local eyesore is looking for a new lease on life. A hulking former East Village public school is pitching itself for commercial use. PS 64, which has sat vacant for more than 20 years, appeared for sale or lease on the website LoopNet this month. The listing, held by Corcoran’s Paul Wexler and Josef Yadgarov, does not offer a price and includes only renderings of the property — itself in a state of decay — reimagined as a move-in ready campus complete with pool tables in the courtyard and a movie theater somewhere within its 152,000 square feet.
Preview: A vacant East Village property that has faced foreclosure and opposition to its possible development is now on the market. Gregg Singer listed the former Public School 64 building at 605 East Ninth Street for sale or lease as a medical or educational center, according to a listing on LoopNet.
Preview: CBRE today announced it has been appointed the exclusive sales agent, in association with Wexler Healthcare Properties at the Corcoran Group, for a 27,289 sq.-ft. commercial condominium located at 38 East 61st Street between the Plaza District and Lenox Hill. This unique space presents highly coveted exterior opportunities for branding with 32 linear feet of prime ground floor canopy signage spanning three sides on 61st Street and a vertical banner perpendicular to the building facade.
Preview: A handful of medical tenants have inked deals for new offices at 133 East 58th Street, landlord Jack Resnick & Sons announced.
A cardiology and internal medicine practice, Manhattan Integrative Cardiovascular, took 2,879 square feet on the 14th floor of the 15-story building.
Preview: Healthcare users have been popping up in retail landlords’ portfolios since before the pandemic, but the public health crisis has accelerated medical retail and office leasing as landlords look to backfill space and residents look for health services closer to home.
Preview: Well-heeled New Yorkers working in one Manhattan skyscraper will soon be able to get plastic surgery, liposuction, cat scans and other medical treatments at the push of an elevator button.
At 9 W. 57th St. — which houses Chanel, asset manager Apollo Global Management, and private-equity firm Veritas Capital — the landlord is building a luxury medical center on the 24th floor along with a tenant-only amenity floor with a restaurant and bar, as well as a basement-level health center.