He co-founded and leads Aurora Health Network, which operates more than 6,000 nursing home beds across the U.S., and private-equity firm Pinta Capital Partners, which makes investments of up to $10 million in small to midsize health care companies. The Allure Group operates six nursing homes and rehabilitation centers in the city, but founder and Chairman Joel Landau’s health care enterprise extends much further. Northwell, which leased the space from its former owner, declined to comment on the building’s sale and whether the Allure Group has shared its intentions for the property.
Maimonides is subleasing 15,000 square feet from Northwell Health for $609,000 per year, under a 10-year deal signed in 2019, Crain’s previously reported. The Allure Group already owns the nursing home next door, Hamilton Park Nursing and Rehabilitation Center. The deal includes the former hospital building at 92nd Street and Seventh Avenue-which is home to outpatient medical center SUNY Downstate at Bay Ridge and a forthcoming $18.6 million standalone emergency department run by Maimonides Medical Center-as well as a neighboring parking garage.
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