News: Brokerage

Northwell Health dedicates hospital pavilion to Blumenfeld family to honor their lifetime of giving to Cohen Children’s Medical Center

New Hyde Park, NY Northwell Health recognized the Blumenfeld family in honor of their lifetime giving to Cohen Children’s Medical Center. The new Blumenfeld Family Pavilion was unveiled at a dedication ceremony held last month.

The newly-named Blumenfeld Family Pavilion opened in 2013 and houses the Rudolph Emergency Department, Long Island’s only pediatric dedicated Emergency Department and home of its level 1 pediatric trauma center. The Pavilion is also home to the Children’s Medical Fund Center for Diagnostic Studies, the only pediatric-dedicated MRI unit on Long Island, and is the future home of the Pediatric Surgical Operating Complex.

“No person stands as tall as when he stoops to help a child,” said Ed Blumenfeld.

The Blumenfelds originally began generously supporting children’s health at Long Island Jewish Medical Center in the 1970’s – long before there was an actual children’s hospital. Their support helped build a children’s hospital on Long Island – then called Schneider’s Children’s Hospital.

Their advocacy and support also led the Blumenfelds to create the Children’s Medical Fund of New York to help engage the community in philanthropic support of Cohen Children’s. The Fund hosts an annual golf outing and a children’s fashion show to grow support and help increase awareness of the hospital.

“Through their own philanthropy and their considerable efforts through the Children’s Medical Fund of New York, the Blumenfeld Family has helped to make incredible things possible for the children in our care,” said Charles Schleien, MD, senior vice president and chair of pediatric services for Northwell Health. “Their support of the construction of the marquee project of our expansion of the Blumenfeld Pavilion – the Pediatric Surgical Operating Complex – will bring eight operating rooms of the future and a 26-bay recovery unit on site to provide children life-saving procedures like kidney and liver transplants, spinal and robotically enhanced neurosurgery. We are deeply grateful for their involvement in this transformational project.”

“There are few families that are part of the fabric of a hospital like the Blumenfelds are to Cohen Children’s and the programs we offer,” said Mark Claster, chairman of Northwell Health’s Board of Trustees. “The longevity of their involvement with Cohen Children’s is truly unparalleled. We are extraordinarily grateful for her generous support.”

READ ON THE GO
DIGITAL EDITIONS
Subscribe
Columns and Thought Leadership
The death of the generic offering memorandum: What buyers expect in 2025 - by Kimberly Zar Bloorian

The death of the generic offering memorandum: What buyers expect in 2025 - by Kimberly Zar Bloorian

There was a time when an offering memorandum (OM) was pretty bare bones, some photos, a few bullet points on income, and a rent roll thrown in at the back. That used to get the job done. Not anymore. In 2025, buyers are sharper, faster, and more selective. They’re looking
A fresh start - by Shallini Mehra and Amit Doshi

A fresh start - by Shallini Mehra and Amit Doshi

For the past several years, the New York City multifamily housing market has been defined by disruption. The combined impact of the HSTPA rent laws and a sharply higher interest rate environment has fundamentally reduced
The anticipated effect of Basel III and ISO 20022 implementation on commercial real estate - by Michael Zysman

The anticipated effect of Basel III and ISO 20022 implementation on commercial real estate - by Michael Zysman

July 1, 2025 is the deadline for US banks to begin to adopt Basel III banking standards and July 14, 2025 is the deadline for U.S. banks to adopt ISO 20022 messaging standards. Both will have a significant effect on the banking and commercial real estate (CRE) finance sectors.
Tri-state capital  migrates nationally amid  regulation pressure - by Reese Weaver

Tri-state capital migrates nationally amid regulation pressure - by Reese Weaver

New York tri-state multifamily investors are increasingly reallocating capital to less-regulated markets across the U.S. as rent control and legislative risk erode returns at home. With over 60% of New York City’s rental housing stock classified as rent-stabilized, the traditional value-add model — buying under-performing buildings,