Valley Hospital eyeing UPS Paramus site
Monday, January 27, 2014 Last updated: Monday January 27, 2014, 7:00 PM
BY LINDA MOSS
STAFF WRITER
The Record
The Valley Hospital is in negotiations to buy the site in Paramus that global parcel distributor UPS is vacating, several commercial real estate sources said Monday.
The Ridgewood-based hospital, which has been scouting for land in Bergen County to expand its services, is looking to purchase UPS’ data-processing and software development facility on Winters Avenue, sources said.
The parcel distribution company’s site is at 640, 650 and 670 Winters Ave., not far from Route 17. That location is near a 128,000-square-foot facility Valley Hospital already has in Paramus, the Robert and Audrey Luckow Pavilion at 1 Valley Health Plaza, behind the Fashion Center shopping mall.
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Is it true that Valley own the land on N. Maple from old Village Ford through the Ridgewood Corset Shop? Saw the news media on 1200 E Ridgewood Ave, but don’t recall seeing anything on N. Maple
Valley has their existing building in Ridgewood where they are planning their “Renewel.” They own the 128,000 sq ft building in Paramus mentioned in the article. They just payed $28ish Million for the “Duck Pond” building on E. Ridgewood Ave, they own the entire strip on Maple Ave which consists of the old Ford dealership down to the Corset Shop. They have also allegedly purchased the Ken Smith site in downtown Ridgewood which is why the developer pulled the development plans.
Ever wonder why your health care costs continue to rise? Nice to be a non-profit with no competition huh? Can just raise prices and raise prices and raise prices. Tough to negotiate prices when your life is on the line. Not much leverage when you are gasping for air.
Just the opposite. There is LOTS of competition for patient dollars. I’m sure you get 201 magazine and or the Record. With Holy Name, Englewood, Hackensack, St Joseph and Valley all competing for patients in a 15 mile area, there is zero chance of Valley being able to jack up prices. Furthermore, each hospital has ‘in network’ hospitals that have negotiated prices for procedures. Your fears are unfounded.
I meant to say each Insurance company has ‘in network hospitals’ which keeps their pricing to within ‘acceptable’ for the area.
Makes me wish I had 30 million dollars to donate to their charitable activities.
The corporation that ate my town. A new Twilight zone episode.