NEW YORK CITY—Years ago you would go to building or a smalloffice building. Now that type of practice no longer exists. Thatis according to locally based Michael Dublin, apartner in the New York City office of SavittPartners.
GlobeSt.com: What have been some of the health carechanges affecting the industry and consequently the real estaterequirements of this market segment?
Michael Dubin: What we are seeing nowis a continuation of a trend that started several years ago: Alarge number of doctors and specialists around the country areleaving private practices and joining large institutions. In manycases these newly formed networks are the ideal one-stop-shop formany medical needs. As a result, smaller office space once occupiedby the solo practitioner now beg for doctors, while therequirements for large office space near existing hospital centersare skyrocketing across the nation.
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