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Mohawk Valley Health System Begins Downtown Property Acquisition Process

UTICA, N.Y. – Officials from the Mohawk Valley Health System (MVHS) have engaged the law firm Bond, Schoeneck & King (BSK) to begin the acquisition process for the properties in the footprint of the new downtown hospital. Starting this week, property owners whose appraisals have been completed and approved by the Dormitory Authority of the State of New York (DASNY) will receive Option Agreements for their properties from BSK.

“We are pleased to be able to move forward with this next step in the project,” commented Scott H. Perra, FACHE, president/CEO of MVHS. “We had a number of steps we needed to complete with DASNY before we could begin the property acquisition process. DASNY is the governmental agency that will bond for the $300 million grant and they required a review and approval of the appraisals before beginning the purchase process. DASNY’s review was complete in late October.”

Property owners were notified in October 2017 that MVHS was working with DASNY regarding the appraisals and anticipated that they would be able to move forward with property offers by year-end. The final offer for the purchase of the properties is contingent upon MVHS receiving approval of their Certificate of Need (CON) for the new hospital which was submitted to the New York State Department of Health (NYSDOH) in November.

“From the beginning we have been working with the NYSDOH on this project,” said Perra. “They have been very helpful throughout this process and we anticipate receiving notification of approval by March or April 2018.”

CON approval is just one of the next milestones for MVHS to complete. The organization is also engaging in the State Environmental Quality Review (SEQR) which is expected to begin in January 2018 and may take up to nine months to complete. O’Brien & Gere will be overseeing the SEQR process.

“As I have said many times, this is a very complex process and each milestone is important,” noted Perra.

“While there are still many aspects of this project that need to happen and will take time, we are pleased to be moving forward to building an incredible healthcare campus for our region.”

Media Contact: 
Caitlin McCann
Manager/Media Specialist
315-624-5433
cmccann@mvhealthsystem.org