Stonehenge closes on St. Vincent’s residential building for $67M

An investment fund affiliated with residential and commercial property
owner Stonehenge Partners closed today on the $67.34 million purchase
of the former St. Vincent’s Hospital residential building at 555 Sixth
Avenue in Greenwich Village, Stonehenge said in a statement. Investors
in the purchase include an entity called SITQ, which is a subsidiary of
Canadian investment fund Caisse de dépôt et placement du Québec, and
another Canadian institutional investor. Stonehenge won the
180,000-square-foot building in an auction last month, which followed the bankruptcy of the hospital in April.  TRD