Monday, January 30, 2017
Community meeting set to discuss Mt. Sinai's plans for an expanded facility in the East Village
As you probably know, major changes are coming to the Mount Sinai Health System, starting with a transformation of the New York Eye and Ear Infirmary on Second Avenue and 14th Street...
[Rendering via Perkins Eastman]
We won't rehash all the coming changes (outlined in this post). There's an FAQ page as well that may have details you are looking for related to health care and the construction.
Tomorrow night, City Council member Rosie Mendez and CB3 are hosting a meeting to learn more about the construction timeline for the new Mount Sinai Downtown Beth Israel.
Reps from Mount Sinai's Real Estate and Community Affairs Departments will be on hand for the discussion, taking place from 6-7:30 p.m. in the New York Eye and Ear Infirmary, 310 E. 14th St. (in the third floor conference room).
The hospital's downsizing from its campus on First Avenue and 16th Street is part of a $550 million plan by Beth Israel’s owner to adapt to a changing health care landscape where patients are using more outpatient care and spending less time in hospitals, as previously reported.
Mount Sinai will sell the 16th Street property, which has a current reported value of $600 million. Beth Israel reportedly has outstanding debt of some $200 million.
Kenneth Davis, president and chief executive officer of Mount Sinai Health System, previously stated that it will cost $250 million to build the new hospital and upgrade the New York Eye and Ear Infirmary on Second Avenue and 14th Street.