Michael Dowling, president and CEO of Northwell Health. Photo courtesy of Northwell Health Michael Dowling, president and CEO of Northwell Health. Photo courtesy of Northwell Health

NEW YORK CITY—Northwell Health is partnering with a subsidiary of the University Financing Foundation Inc. to build a new outpatient center medical complex on a city block on Third Avenue on the Upper East Side.

GPG Properties, also known as the Glick Property Group, has sold a parcel that includes the blockfront on Third Avenue between East 76th Street and East 77th Street on the Upper East Side to 3rd Avenue Blockfront LLC —the subsidiary of The University Financing Foundation, Inc.—in a deal valued at $232.2 million.

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John Jordan

John Jordan is a veteran journalist with 36 years of print and digital media experience.

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