Community Healthcare Network (CHN) and Denham Wolf Real Estate Services have completed a 35-year lease at 1000 Westchester Ave., located in the South Bronx. The lease is part of a larger initiative to upgrade CHN’s locations across New York City.
Community Healthcare Network (CHN) and Denham Wolf Real Estate Services have completed a 35-year lease at 1000 Westchester Ave., located in the South Bronx. The lease is part of a larger initiative to upgrade CHN’s locations across New York City.
“Community Healthcare Network has been committed to delivering high-quality primary health care to the South Bronx for decades,” said Robert M. Hayes, CHN’s president, and CEO. “We now are doubling down on that commitment to the community into the second half of the 21st Century.”
To identify 1000 Westchester Ave., Denham Wolf’s Transactions Services team conducted a comprehensive site search near CHN’s long-established South Bronx home to ensure that no existing patients would be displaced. The 35-year lease was structured to give CHN flexibility in the design of this new facility without services going dark. Matt Sitt of KSR represented the property’s ownership.
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