Institute for Family Health Sells Union Square Building for $40M

reprints


A doctor who leads the Institute for Family Health has unloaded his landmarked Union Square property for $39.5 million, according to public records.

SEE ALSO: Danny Meyer’s Union Square Hospitality Moving Within Union Square

Dr. Neil Calman sold the institute’s six-story medical clinic at 14-16 East 16th Street to an LLC linked to Michael Horrigan, city records show.

The Sidney Hillman Health Center, for which the building was named, recently moved its operations from the East 16th Street building to 230 West 17th Street in Chelsea and to 300 Cadman Plaza West in Brooklyn Heights, the center’s website says. The Institute for Family Health is a nonprofit, and its mission is to “provide healthcare to all who need it.” The institute’s clinics, which are located in the Bronx, the Hudson Valley, Brooklyn, and elsewhere in Manhattan, offer sliding scale pricing for medical care in order to serve low-income families.

Calman declined to comment, and Horrigan couldn’t be reached for comment.

The 29,974-square-foot property between Union Square West and Fifth Avenue dates back to 1889 and is landmarked as part of the Ladies’ Mile Historic District. The health center had owned the property since at least 1995, according to Department of Finance records.