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The long-awaited sale of the August Eichhorn Center, a mental health treatment center for teenagers located at 23 West 106th Street (Manhattan Avenue), has finally closed for $14 million. Cranes first reported the news.
center is closed April 2020 After being at the center of a years-long investigation into patient abuse. Staff have been accused of physically restraining patients for excessively long periods of time, while unreported suicide attempts and over-reliance on antipsychotic drugs have also been documented.
“We bring in young people who no one else can handle,” said Dr. Michael Pavel, a psychiatrist and former director of the center. new york mug At the time, the publication said Pavel commuted between the center and his private clinic on West 72nd Street. Google It looks like it still exists.
First paragraph of 2007 new york times At the time, the facility was “cooperating with law enforcement authorities who have indicted three former employees for sexually assaulting girls at the center in recent years,” the report said. At least four of these girls were under the age of 17.
The August Eichhorn Center was established in 2015 when then-17-year-old Ania Ferguson, “the leader of a notorious gang assault captured on cellphone video inside a McDonald’s in Brooklyn,” was sent to a psychiatric facility instead of a hospital. He once again became a hot topic after promising to be hospitalized. prison time, new york daily news report.
After closing in 2020, the August Eichhorn Center became a research center focused on studying the long-term outcomes of programs for troubled youth. Crains said the facility’s revenue dropped from $15.5 million in 2019, when the center was still operating, to just $2.2 million in 2020, a year after the New York State Department of Mental Health closed the center. said.
Also read: Before Columbia University: Bloomingdale Psychiatric Hospital
A legal battle over how the August Eichhorn Center would use the proceeds from the sale ultimately delayed the deal. Attorney General Letitia James blocked the first attempt to sell the property in May 2022, citing concerns about how the funds would be used. The AG then approved the sale based on the requirement that the center must donate at least $13 million of the sale proceeds to Montefiore Medical Center. The grant will fund the construction of his new 21-bed Youth Psychiatric Center in Morris Park in the Bronx.
The buyer is Liberty Search Ventures, and Crain is listed. Joseph Rabinowitz – According to a member of the group’s investment team. Website – The buyer side of the transaction. Rabinowitz’s group purchased the Brooklyn warehouse at 39 Ainslie Street in 2021. book liner The report is going to be a haven. Private equity firms appear to be counting behavioral health as a focus industry.
