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NYU Hospital Receives $260M Gifts

NEW YORK CITY-The gifts, including $150 million from the widow of Kimco Realty's co-founder, will be used to expand the hospital and medical school campus.

By Paul Bubny | Updated on November 13, 2008

NEW YORK CITY-NYU Langone Medical Center has received two gifts totaling $260 million to support major expansion of the hospital and medical school Midtown campus along the East River. Benefactor Helen Kimmel, widow of the late Martin Kimmel, is donating $150 million toward construction of a new patient pavilion at the Medical Center that will increase the NYU clinical space by as much as 50%. It will be named in honor of Helen Kimmel and her late husband, the co-founder of Kimco Realty.

The second gift–$110 million–will be used to redesign Tisch Hospital, NYU’s renowned flagship hospital, built in 1963. It comes from a longstanding family of NYU benefactors who wishes to remain anonymous, according to a release from NYU Langone.

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