News Summary
A new medical office and community facility will be built at 1578 Lexington Avenue in East Harlem, developed by Slate Property Group and Evenhar Development. The 13-story building will allocate space for the Mount Sinai Health System, a daycare for healthcare workers, and a community center operated by Children’s Aid. With a projected cost of $190 million, construction is expected to begin soon, aiming to enhance healthcare access and serve local families with essential services.
East Harlem, New York – A new medical office and community facility is set to rise at 1578 Lexington Avenue, developed by Slate Property Group and Evenhar Development. Situated at the corner of Lexington Avenue and East 101st Street, just blocks away from the main Mount Sinai Hospital campus, the 13-story building will cover approximately 175,000 square feet, with substantial portions dedicated to outpatient clinical services and community amenities.
The project will allocate 150,000 square feet to the Mount Sinai Health System, specifically to enhance outpatient clinical services in the region. In addition to healthcare facilities, the new building is planned to house an employee daycare center for Mount Sinai, addressing a growing need for childcare among healthcare workers.
Furthermore, about 19,000 square feet is designated for the East Harlem Center, which will be operated by the nonprofit organization Children’s Aid. This community space will boast various amenities, including classrooms, a basketball court, and a gymnatorium, offering a versatile environment for local youth and families.
The lower level and first floor of the facility will also accommodate a space for Life Changers Church, a congregation that has been serving the East Harlem community since its establishment in the 1930s. The church relocated to its current site in 1957 and has played a significant role in supporting community needs over the decades.
The project is funded through a combination of financial support, including a $119 million construction loan from J.P. Morgan and a $40 million preferred equity investment from GoldenTree Asset Management. The estimated total cost for the development is around $190 million.
Construction is expected to begin within the next few weeks, with the building projected to be completed by spring 2028. Currently, the site at 1578 Lexington Avenue is a vacant lot, which was purchased from Life Changers Church in 2023 for approximately $5.9 million.
The architectural design for the new facility is being spearheaded by Kutnicki Bernstein Architects (KBA) and DLR Group, both of which bring significant experience in developing community-focused spaces. The developers emphasize their commitment to not only enhancing healthcare access but also to preserving and enriching local community organizations.
This project marks a significant investment in East Harlem, reflecting a broader mission to introduce additional healthcare resources to the area while supporting the vital community organizations that contribute to the neighborhood’s character. It also aims to improve the overall quality of life for residents by providing essential services and facilities that cater to diverse community needs. As healthcare demands continue to grow, this facility is anticipated to play an integral role in serving East Harlem’s population.
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Additional Resources
- Commercial Search: Slate Property Group and Evenhar to Build in East Harlem
- Wikipedia: East Harlem
- Commercial Observer: Slate Property and Evenhar Development in East Harlem
- Google Search: East Harlem Development Nursing Programs
- Crain’s New York: Slate Property Group and Evenhar Development Project
- Encyclopedia Britannica: New York City
- New York Times: Harlem Shooting Incident
- Google News: East Harlem Shooting
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