Peconic Bay Medical Center Announces Major Expansion

RIVERHEAD, NY — Peconic Bay Medical Center, now a member of Northwell Health, has plans to expand its medical facilities.

The expansion will take place once the acquisition of the former Suffolk County National Bank campus in downtown Riverhead is complete, PBMC said.

The new East End location will provide nearly 60,000 square feet of space in downtown Riverhead for the growing regional medical center, PBMC said in a release.

“We are delighted that People’s United Bank has selected PBMC for this major acquisition,” said Sherry Patterson, PBMC board chair. "It is incredibly fitting given the 70-year synergy between Suffolk County National Bank and the medical center.”

Andrew J. Mitchell, PBMC President and CEO added, “This former bank campus will allow the medical center to bring much needed new programs and jobs to the East End and continue to position Riverhead as the regional medical hub for eastern Suffolk County.”

“This has been an exciting and eventful year for us,” said Emilie Roy Corey, Chair of the PBMC Foundation. “First, we opened our new trauma center. We also just broke ground on the Kanas Regional Heart Center and new Critical Care Tower. This new acquisition will help us continue the momentum and give us more room to grow.”

PBMC is purchasing the space from People’s United Bank, N.A., which acquired Suffolk County National Bank in 2017. “We take great pride in supporting our local communities,” said Howard Bluver, New York market president, People’s United Bank. “We saw this as an opportunity to ensure the unused space is utilized for greater economic prosperity and wellness in Riverhead’s East End.”

Riverhead Town Supervisor Sean Walter said he was "thrilled to see Peconic Bay Medical Center expand their operations. The eventual presence of many medical center staff, including anticipated new hires, will mean more business for our downtown merchants and tax revenue for the town."

The transaction is expected to close prior to the end of the year, PBMC said.

Patch courtesy photo.