P R E S S . R E L E A S E S

Downtown Hospital Campus Sold
June 23, 2003

B. Thomas Mancuso, SIOR
President
Mancuso Business Development Group
585.343.2800 email: tom@mancusogroup.com

BATAVIA, NY - The former St. Jerome Hospital Campus in the center of Batavia is under contract to be sold. United Memorial Medical Center (UMMC) announced at their annual meeting that Senior Associates of Williamsville, NY had agreed to buy the property for redevelopment into senior housing with a complete continuum of care and support for its residents.

This deal will productively employ the entire property, which currently includes over 175,000 square feet of buildings on over 5 acres of land in the center of the City of Batavia. Senior Associates will rehab the 7 story main building for the care and housing of the elderly. The City of Batavia and Genesee County will utilize a portion of the property to build a new joint law enforcement facility after demolition of some structures. The former Macauley Hall will be retained by UMMC for office uses.

B. Thomas Mancuso, SIOR of Mancuso Management brokered the deal. The Mancuso Group has a 40-year history of creatively finding ways to fill and adaptively reuse old industrial and commercial buildings.

The active cooperation of the City of Batavia and its Community Development Department, Genesee County, the Genesee County Industrial Development Agency and NYS Small Cities Program was critical to the ability for this deal to occur.

A late 2003 or early 2004 closing date is expected.

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