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STATEN ISLAND, NY-Saint Vincent Catholic Medical Centers, which recently leased a significant chunk of Midtown real estate for corporate offices, has called on Cushman and Wakefield to evaluate future uses for its 20.6 acre Bayley Seton Campus, including a possible sale.

C & W will evaluate future uses for the Staten Island campus, make recommendations on appropriate land-use options, and facilitate the possible sale of the site. Most of the services that are currently located at Bayley Seton will be relocated at St. Vincent’s Hospital Staten Island and elsewhere in the community. SVCMC anticipates that it will vacate the campus by early 2004.

C & W was chosen from a competitive bidding process that included seven real estate companies. Dell Smith of J. Delbert Smith Associates Inc., a Staten Island brokerage firm in business for more than 40 years, will work with C & W on this assignment.

In late May, SVCMC signed a lease for 104,500 sf of corporate space at 450 West 33rd St. in Midtown Manhattan as part of an effort to bring together in one location many of the business functions that were taking place at more than a dozen regional sites throughout the Metropolitan area. Since merging to form SVCMC in 2000, the system has concentrated on centralizing business reporting relationships, migrating information systems applications to unified platforms and standardizing functions such as financial reporting, budgeting, billing and purchasing.

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