Caracappa and Wexler of the Wexler Healthcare Properties Team at the Corcoran Group rep Simone Healthcare in 3,812 s/f medical office lease

New York, NY According to Simone Healthcare Development Group, a division of Simone Development Companies, Dr. Matthew Schulman, MD, PC, one of the nation’s most sought-after plastic surgeons, has leased 3,812 s/f of medical office space at the Park Avenue Medical Arts Center at 62 East 88^th St.  Simone Healthcare Development recently completed a comprehensive renovation, including a lobby, to enhance the property’s appeal to modern healthcare practices. Susann Eaton and Scott Bloom of Bloom Real Estate Group represented the tenant in the long-term lease, while Kathleen Caracappa and Paul Wexler of the Wexler Healthcare Properties Team at the Corcoran Group, exclusive leasing agent for the property, represented the owner. Only 4,213 s/f of ground floor professional space remains available at 62 East 88^th St. “We believed there would be a strong market for modernized healthcare space in this location, and we’re excited to see the evidence of that demand in the 15,000 s/f of space we have leased thus far,” said Patricia Simone, president of Simone Management Group.  “This prime Upper East Side location is ideal for a growing medical practice.” Dr. Schulman Plastic Surgery is a boutique practice that serves patients from around the globe. Dr. Schulman has assembled an office staff and surgical team that share his own personal priorities – safety, compassion, and superb results. It is among the most prestigious cosmetic surgery practices in New York City, offering a full array of surgical and non-surgical cosmetic procedures for the face and body. “The Upper East Side is continually experiencing a shortage of large office space,” said Caracappa of the Wexler Healthcare Properties Team.  “This property is one of a handful of medical properties which can accommodate 4,000+ s/f users in a white-glove, high-end luxury condominium building.” The 19,000 s/f commercial condominium features a private entrance, separate from the 60 East 88^th St. residences above, and also includes a private elevator for the medical space.  Located between Park and Madison Aves., the 15-story building was constructed in 1986 and contains 18 residential units in addition to the medical condominium space.