The former Bialystoker Nursing Home building at 228 East Broadway has sold for just under $18 million. [more]
Posts Tagged ‘bialystoker nursing home’
The battle to secure landmark status for the Bialystoker Nursing Home on the Lower East Side is drawing ever closer to a resolution, the Lo-Down reported.
The neighborhood fixture at 228 East Broadway is but one full City Council vote away from the proposal being granted. [more]
“Numbers to know” is a weekly web feature that catalogues the most notable, quirky and surprising real estate statistics. Bialystoker Nursing Home wins landmark approval, service to the Rockaways via the A train has been restored and Jacques Torres celebrated its factory groundbreaking. [more]
The landmarks subcommittee of Manhattan Community Board 3 voted 6-1 in favor of a resolution that backs the historic protection of the Bialystoker Nursing Home, on East Broadway between Clinton and Pitt streets, the Lo-Down reported.
The vote will head to CB3’s park’s committee, before the full community board votes on the measure in late April. As previously reported, commercial brokerage Grubb & Ellis was listing the property over the summer, referring to it as a “highly desirable development site.” [more]
Ben Shaoul’s Magnum Real Estate Group shot back today at a group of elected officials who had urged the developer not to convert a Lower East Side property that houses the Cabrini Center for Nursing & Rehabilitation into a residential building. According to a letter from Shaoul’s attorney obtained by The Real Deal, Magnum is close to a deal to sell the 542 East 5th Street property to a for-profit nursing home operator, and the main obstacle to the sale is the lack of an agreement between the for-profit operator and Cabrini.
As previously reported, Magnum acquired the building on the corner of Avenue B for $25.5 million earlier this fall. Cabrini’s lease expires in mid-April, prompting worries from some that the community would lose the 240-bed nursing home. … [more]
Lower East Side residents protested the shuttering of the Bialystoker nursing home yesterday, out of fear it would be turned into a luxury apartment complex. Today, Lo-Down NY reported that their worst nightmare may soon come to fruition.
Commercial brokerage Grubb & Ellis is listing the property at 222-230 East Broadway, without a price, but call it a “highly desirable development site” ripe for residential development of more than 70,000 square feet. According to the listing, held by agents Neil Helman and Vincent Carrega, a buyer must agree to wait up to 18 months for the nursing home to completely cease operations in the facility. … [more]