Cushman & Wakefield to advise on Staten Island land disposition.Saint Vincent Catholic Medical Centers announced recently that it had chosen the firm of Cushman & Wakefield to act as its real estate advisor for the disposition of the land at its Bayley Seton Campus. Saint Vincent Catholic Medical Centers obtained the services of Cushman & Wakefield to evaluate future uses for the 20.6 acres, make recommendations on appropriate land use options, and facilitate the possible sale of the site, all within the context of Staten Island Staten Island (1990 pop. 378,977), 59 sq mi (160 sq km), SE N.Y., in New York Bay, SW of Manhattan, forming Richmond co. of New York state and the borough of Staten Island of New York City. community's interests and needs. "We have selected Cushman & Wakefield as our advisor because it is a globally recognized firm with 86 years of New York City New York City: see New York, city. New York City City (pop., 2000: 8,008,278), southeastern New York, at the mouth of the Hudson River. The largest city in the U.S. expertise, and solid experience on Staten Island," said David Campbell David Campbell may refer to:
The firm was chosen from a competitive bidding Competitive bidding A securities offering process in which securities firms submit competing bids to the issuer for the securities the issuer wishes to sell. competitive bidding 1. process that included a total of seven real estate companies. Criteria for receiving a request-for-proposal included citywide knowledge of the real estate market and experience acting as an advisor for a project similar to Bayley Seton. The proposals were judged on each firm's demonstrated understanding of the Staten Island real estate market, including experience with both recent real estate transactions on the Island, and with similar projects. Most of the services that are currently located at Bayley Seton will be relocated at St. Vincent's Hospital Hospital:
The term vacate has two common usages in the law. With respect to real property, to vacate the premises means to give up possession of the property and leave the area totally devoid of contents. the campus by early 2004. "Cushman & Wakefield is pleased and honored to be selected through a competitive process to advise Saint Vincent Catholic Medical Centers on the complex issues involved in the disposition of the Bayley Seton campus," said Richard Kennedy, senior director of Cushman & Wakefield. "We look forward to working with them, and making recommendations that are in keeping with their respect for the Staten Island community." Dell Smith, of J. Delbert Smith Associates, Inc., a Staten Island brokerage firm in business for more than 40 years, will work with Cushman & Wakefield on this assignment. Saint Vincent Catholic Medical Centers is one of the New York New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of metropolitan area's most comprehensive health care systems, serving over 500,000 people annually. |
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