The Real Deal New York

Chetrit revises Cabrini center conversion

Plans filed for seven-story, 37-unit property at 228 East 20th Street

March 26, 2014 01:55PM

chetrit-cabrini

Joseph Chetrit and vacant parcel at 228 East 20th Street

The Chetrit Group is making alterations to its Cabrini Medical Center conversion project after four plans were disapproved last year. Today, the developer filed plans to build a seven-story property at 228 East 20th Street with 37 units.

The 75-foot-tall building between Second and Third Avenue would feature a pool and a rooftop recreation space. Last July, Joseph Chetrit sought to convert four properties into apartment complexes with a total of 250 units. The building at 228 East 20th was slated to get 54 units.

Chetrit bought the Gramercy Park site from Memorial Sloan-Kettering for $150 million in 2013, as previously reported. [BuzzBuzzHome]Mark Maurer

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