News Release: New York-Presbyterian Hospital Announces Dedication of W. P. Carey Emergency Unit

PressReleaseIconNEW YORK (May 08, 2013) — NewYork-Presbyterian Hospital celebrated the dedication of the W. P. Carey Emergency Unit at a ceremony held on Thursday, May 2, 2013. Made possible by a $5 million gift from the W. P. Carey Foundation, the facility is a critical component of the hospital’s emergency services.

The W. P. Carey Emergency Unit opened in 2009 as an expansion of the Lisa Perry Emergency Center at NewYork-Presbyterian/Weill Cornell Medical Center. This 5,200-square-foot state-of-the-art emergency department unit was the first in New York City to address the particular needs of the elderly through such features as specialized lighting to reduce delirium, larger rooms to accommodate family members, specialized floor patterns to minimize falls and a centralized nursing station that provides 360-degree visibility for better patient monitoring. The facility’s 15 private treatment rooms can meet the special needs of patients who require isolation, such as those with airborne infections and those who are immunocompromised. The unit can function as a freestanding, self-contained stand-alone mini emergency department. The W. P. Carey Unit is an integral part of NewYork-Presbyterian’s Lisa Perry Emergency Center, which had close to 216,000 patient visits in 2012 alone.

“During Superstorm Sandy and its aftermath, the W. P. Carey Emergency Unit was an essential resource for New Yorkers and gave us the ability to provide emergency medical care for an influx of patients,” said Dr. Steven J. Corwin, CEO of NewYork-Presbyterian Hospital. “We are extremely grateful to Bill Carey and the W. P. Carey Foundation for their generosity in funding this state-of-the-art, patient-centered facility.”

Dr. Corwin was joined at the ceremony by Dr. Herbert Pardes, executive vice chair of the board of trustees and the hospital’s former president and CEO, as well as trustees of the W. P. Carey Foundation and officers of W. P. Carey Inc. W. P. Carey Foundation Chairman Francis J. Carey noted, “The W. P. Carey Foundation is honored to partner with NewYork-Presbyterian Hospital to help provide state-of-the-art emergency services. Having marked the first anniversary of my brother Bill Carey’s passing as well as the 40th anniversary of the company he founded, W. P. Carey Inc., the dedication of the W. P. Carey Emergency Unit at NewYork-Presbyterian Hospital is particularly meaningful at this time. Bill’s motto and a belief that he shared with family, friends and colleagues was ‘Doing Good While Doing Well.’ To Bill, that meant that when his firm was financing properties for companies, it was also helping the communities those companies serve. Through the W. P. Carey Foundation, which he founded and chaired, it meant supporting educational institutions with the larger goal of improving America’s competitiveness in the world.”

“Bill, who moved to New York in 1959 and established W. P. Carey in the city in 1973, had compassion and generosity that extended to the concerns and needs of New Yorkers. The funding of the W. P. Carey Emergency Unit is emblematic of this philosophy, and Bill would be delighted to have his colleagues at the company and trustees of his foundation see the name in the NewYork-Presbyterian Emergency Department and celebrate the dedication of the W. P. Carey Emergency Unit in the same year as his firm celebrates its 40th anniversary.”

Trevor Bond, a trustee of the W. P. Carey Foundation and president and CEO of W. P. Carey Inc., added, “‘Doing Good While Doing Well’ was one of Bill’s favorite mottos and has been one of W. P. Carey’s core principles during our now 40-year history. Many of our employees have incorporated this philosophy into their lives on an individual basis, and we recently announced Carey Forward, a new corporate program that will allow employees to take time out of the office to volunteer. In the same spirit in which the foundation’s gift to NewYork-Presbyterian gives back to the community where we live and work, we see Carey Forward as another avenue through which our employees and the company can accomplish a similar goal.”

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