The Real Deal New York

Chetrit, Clipper Equity offer peek at Flatbush rental

Release renderings of new structure at site of former Brooklyn hospital

March 18, 2014 01:40PM

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Rendering of 123 Parkside Avenue in Brooklyn

Rendering of 123 Parkside Avenue in Brooklyn

The Chetrit Group and Clipper Equity have released a new rendering of the rental building going up at the site of the former Caledonian Hospital on the border of Prospect Park South and Flatbush.

The 199-unit development at 123 Parkside Avenue (previously known as 100 Parkside Avenue) will start at prices at $1,999 a month for a studio, as The Real Deal previously reported. will handle leasing, Brownstoner reported.

Dubbed 123 on the Park, the new structure was delayed from being constructed until recently. Chetrit bought the site for $15.6 million in 2007 in a bankruptcy restructuring of Brooklyn Hospital Center. [Brownstoner]– Angela Hunt