West 021714

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another northward move for Montefiore

JOHN GOLDEN

INSIDE

February 17, 2014 | VOL. 50, No. 7

BY JOHN GOLDEN jgolden@westfairinc.com

WINNERS CIRCLE • 11

“O TRAVEL: SPRING GETAWAYS • 19

Vying for visas page 2

FACES & PLACES • 31

ur intentions are to expand north and provide care to a larger patient population,” Dr. Steven M. Safyer, president and CEO of Montefiore Health System, told the Business Journal in a wide-ranging interview at his Bronx office in late December. That northern expansion already was well underway and focused on southern Westchester County as he spoke. Yet little more than a month later, with the recent announcement that White Plains Hospital has agreed to a partnership with Montefiore at the center of a regional network of hospitals and physicians with a service area of nearly 3 million people, it seems that northward advance by the Bronx-based academic medical center had only just begun. In July last year, in an $8.75 million deal more noted by real estate brokers than by the press, Montefiore closed on its purchase of 250-270 East Sandford Boulevard in Mount Vernon, a vacant Montefiore, page 6

Susan Henner

Developer seeks $2M for scrapped echo bay project BY MARK LUNGARiELLO mlungariello@westfairinc.com

THE WOULD-BE DEVELOPER of an aborted project on New Rochelle’s Echo Bay is asking the city to reimburse the company $2 million for its out of pocket expenses. Mark P. Weingarten, an attorney for Forest City Residential Group Inc., sent the city a letter

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dated Feb. 5 demanding payment and saying the company had spent $3.1 million in municipal expenses. Weingarten said in the letter that Forest City was entitled to reimbursement up to $2 million for “municipal expenses” such as legal fees and costs associated with the design of the project and review of the proposal under state environmental laws. A lawsuit may follow whether or not the city

decides to pay, based on the language of the letter and an email from Abe Naparstek, a Forest City spokesman who was asked to elaborate on what the company was seeking. “I can’t comment on pending litigation,” he said. The developer, an affiliate of Clevelandbased Forest City Enterprises, was looking to Echo Bay, page 6


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