Metropolitan Cardiology Consultants, LLC.Metropolitan Cardiology Consultants, LLC (Logical Link Control) See "LANs" under data link protocol. LLC - Logical Link Control has acquired a medical office building in Ridgewood, NJ in a deal with The Ridgewood Center for Preventive Medicine preventive medicine, branch of medicine dealing with the prevention of disease and the maintenance of good health practices. Until recently preventive medicine was largely the domain of the U.S. and its mortgagee mortgagee n. the person or business making a loan that is secured by the real property of the person (mortgagor) who owes him/her/it money. (See: mortgage, mortgagor) MORTGAGEE, estates, contracts. He to whom a mortgage is made. , GE Capital Small Business Finance Group. David Steiger of D.L. Steiger Co., Inc. represented the buyer. The .66 acre property is located at 104 Chestnut Street. Built in 1987, the two-story structure features approximately 9,800 square feet of office space. The building has convenient patient parking and is in downtown Ridgewood, with easy access to all major highways. Metropolitan Cardiology Consultants will use the offices to provide a frill range of outpatient cardiology services to its patients in northeastern New Jersey and the Hudson Valley region of 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 . In addition, the group will open a state-of-the-art nuclear cardiology nuclear cardiology Imaging The use of nuclear imaging techniques in the noninvasive study of cardiovascular disease–eg, myocardial perfusion imaging, planar imaging, SPECT–single-photon-emission computed tomography, infarction imaging. center in the building. The offices are expected to open in January 2000. "This facility will enable Metropolitan Cardiology Consultants to offer newer and expanded services to our patients," explained Dr. Cary Hirsch, MD FACC FACC Fellow, American College of Cardiology , lead partner at Metropolitan Cardiology Consultants and co-director of Interventional Cardiology interventional cardiology Cardiology The subspecialty of cardiology dedicated to the diagnosis, medical and mechanical therapy, pre- and post-procedure management of adult patients with acute and chronic forms of cardiovascular disease amenable to catheter-based at The Valley Hospital. "We look forward to a long and rewarding stay in Ridgewood thank to D.L. Steiger and our attorney, Peter Marullo." The acquisition of the property by Metropolitan Cardiology Consultants was stalled on several occasions due to challenges with the mortgage holders of the building and the previous owner. Peter Marullo, a partner at Shaw, Licitra, Bohner, Esernio & Schwartz PC, which represented Metropolitan Cardiology Consultants, LLC in the transaction, said the negotiation process in the sale was one of the most complicated and delicate he has seen in several years. "The transaction was made especially difficult by the adversarial relationship between the seller and the existing lender. The challenge was to find a way to craft a deal that would satisfy the divergent needs of the parties. David Steiger was instrumental in that regard," noted Marullo. Added Steiger, "The parties to this transaction knew what they wanted, but due to the imminent foreclosure of the property, the conditions were constantly changing. We acted as a conduit and guided them through the process with an optimal solution. As a result, all parties involved with the sale are pleased with the outcome of the transaction." |
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