Exclusive: NYU Langone opening medical offices in Palm Beach County


Highlights

NYU Langone is opening medical offices in West Palm Beach, Delray Beach

NYU Langone has strong backing in Palm Beach County, including $50 million from Palm Beach’s Ike Perlmutter

South Palm Beach condo sets July 12 for groundbreaking, first new island condo in a decade

New York University’s Langone Medical Center is opening medical offices in West Palm Beach and Delray Beach, the latest out-of-area health care provider to cater to Palm Beach County patients.

NYU Langone has leased 7,200 square feet of ground floor space at the 101 North Clematis office building. The space is next to Pistache restaurant and part of Waterfront Clematis, a downtown two-building office and retail complex on Clematis Street, between Narcissus Avenue and Flagler Drive.

RELATED: Medical complex featuring world-class hospital to launch in WPB

The offices are expected to be open by October.

“We want to be closer to our patients. We have many patients who live in the Palm Beach County area who travel to NYU Langone in the New York region for their health care. Now we will be closer to where they live,” Andrew Rubin, vice president for clinical affairs and ambulatory care at NYU Langone, said in an email.

READ ALSO: Cleveland Clinic expands west, will open Wellington offices

Rubin said NYU Langone Medical Associates in West Palm Beach will provide primary and cardiology care. It will be connected to NYU Langone’s new Delray Beach office, NYU Langone Cardiology Associates, set to open Aug. 1. The office, at 16244 South Military Trail, is a partnership with an existing cardiology practice, led by Dr. Louis Snyder.

Medical experts say NYU Langone’s reasoning is to provide “continuous care” to New York patients who also have homes in Palm Beach County, and who travel back and forth. But NYU Langone’s name and renowned level of medical care also are expected to attract new patients.

NYU Langone already has ties to Palm Beach County, including its most generous benefactors.

The medical center is named after Kenneth Langone, Home Depot’s co-founder and a resident of the exclusive Lost Tree Village community in North Palm Beach.

In addition, Marvel Entertainment Chairman Isaac Perlmutter, a Palm Beach resident, gave a whopping $50 million to NYU Langone’s cancer center in 2014. The cancer center was renamed after Perlmutter and his wife, Laura.

NYU Langone is the third major out-of-town medical provider to set up shop in Palm Beach County.

Cleveland Clinic was first to Palm Beach County in 2007, leasing a small West Palm Beach office until it took a large block of space in the CityPlace Tower offices at 525 Okeechobee Blvd. The Ohio-based center just announced it is opening an office in Wellington, expanding its reach into western Palm Beach County.

Last year, Mount Sinai Jupiter Hospital of New York and Jupiter Medical Center announced they had expanded their affiliation and would open offices in West Palm Beach at 625 N. Flagler Drive. The clinic is expected to be open by the fall and will offer services such as cardiology, gastroenterology and oncology.

NYU Langone, Mount Sinai and Cleveland Clinic all like being near Palm Beach, where they are able to raise millions of dollars each year from wealthy island residents.

And all medical providers like being in Palm Beach County, where there is a growing population that also carries health insurance.

NYU Langone has been looking for space in West Palm Beach for some time. It considered the Northbridge Centre at 515 N. Flagler Drive. But NYU Langone officials liked the visibility of the Clematis Street location. The site also has valet parking.

The office will seek to capture patients from Palm Beach who used to go one place when they needed excellent medical care: The airport, where they could fly to renowned medical facilities in the Northeast.

But medical providers now are trending toward the “retailization” of medicine, bringing medical care directly to the patient, said Michael Feldman, director at the Cushman & Wakefield brokerage.

Feldman, who was involved in Cleveland Clinic’s Wellington deal and the NYU Langone lease, said NYU Langone’s move is a win for Palm Beach County residents.

Though there are many other hospital and medical providers throughout the county, “having the biggest names in the market is going to lift all boats,” Feldman said. “It ticks up the level of care for everyone involved.”

Alexandra Clough writes about the economy, real estate and the law.



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