NYU Langone Acquires 45‑Acre Site for $135.5M to Build Long Island Academic Medical Center

Deal Summary

NYU Langone Health announced the acquisition of a 45‑acre site in Melville, Long Island, for $135.5 million. The land will be used to develop a new academic medical center, expanding the health system’s presence in the region. The transaction marks a significant investment in Long Island’s healthcare infrastructure.