Rockaway Beach Medical Arts Campus

A transformative, $25 million, 55,000-sq. ft. state-of-the-art medical arts complex providing high-quality health care services to an underserved low-income community in a Federal Medically Underserved Area in the Rockaways, Queens.

Investment

  • NMTC Amount: $9,000,000
  • Total Project Cost: $25,000,000

IMPACT

  • 100 FTE jobs
  • 51 construction jobs
  • 31,550 patients served
  • 55,000 sq. ft. of real estate

Investor

Project Description

A transformative, $25 million, 55,000 sq. ft. state-of-the-art medical arts complex providing high-quality health care services to an underserved low-income community in a Federal Medically Underserved Area in the Rockaways, Queens. The new health care facility will fill a significant health care void created when Peninsula Hospital closed in 2012 as a direct result of Hurricane Sandy. The facility provides primary & specialty care, an ambulatory surgery center, dialysis, lab, imaging, and physical therapy services with nonprofit South Nassau Communities Hospital as the anchor tenant. $9 million NMTC allocation. Key Impacts: Estimated 51 construction jobs and 100 FTE permanent jobs. Healthcare services for approximately 5,000 low-income community members annually.

MAP

Address: 105-20 Rockaway Beach Boulevard, Queens, NY 11694

Census Tract: 36081093800

Other New York Projects

Warehouse space on a Lower East Side pier becomes a new athletic facility and public waterfront esplanade.
NMTC financing supported a hub for education, training, and community health center on Buffalo’s West Side.
NMTC financing for an emergency food provider in Brooklyn

Urban Assembly Charter School for Computer Science (“Comp Sci High”) is a single-site work-based learning, computer science focused non-profit Charter school in the South Bronx. Founded in 2018 with a