Memorial Sloan Kettering Cancer Center plans to open a cancer outpatient treatment center in two years in a Harrison office building it bought last fall.
Memorial Hospital for Cancer and Allied Diseases, the Manhattan cancer center”™s hospital unit, in October paid $9.2 million for 500 Westchester Ave., a 120,000-square-foot building that adjoins the Fordham Westchester campus at 400 Westchester Ave. The class-B building formerly was a Verizon Communications Corp. facility.
Verizon in 2007 sold the property to GHP Office Purchasing L.L.C., a partnership of GHP Office Realty and Benerofe Properties Corp. in Harrison, when it shed a portfolio of 16 office and industrial properties in eight states. GHP in April 2009 turned over the property to its lender, UBS A.G., along with five other former Verizon properties in five states, including 10 County Center Road in White Plains.
Deed records indicate approximately $11.5 million was owed on the property when GHP turned over the property to the Swiss lending bank. Six months later, Memorial Sloan Kettering paid $2.3 million less for the vacant building.
Town of Harrison Supervisor Joan Walsh said Memorial Sloan Kettering officials told her they will need two years to ready the building for the cancer outpatient center with advanced state-of-the art equipment. MSK operates an outpatient clinic for cancer patients in Sleepy Hollow through an affiliation with Phelps Memorial Hospital Center.
Memorial Sloan Kettering officials in Manhattan did not return calls for comment.
