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Amid Slumping Sales And Tightening Regulation, Medical Assets Could Be NYC’s Real Estate Darling

Technological disruption has reshaped how healthcare is provided, along with where medical facilities are built and designed.

Medical procedures and treatment are now increasingly delivered in ambulatory and outpatient centers, as opposed to hospitals, and consumers often want convenient care delivered in a retail-like environment.

All these factors are good news for real estate, experts said, with older office buildings and vacant retail space emerging as prime contenders for medical use.