The Real Deal New York

Chetrit to convert Medical Center into apartments

July 28, 2013 10:00AM

After Buying The Cabrini Medical Center On East 19th Street at Second Avenue earlier this year, the Chetrit Group plans to convert the five-building complex into residential units, according to Curbed.

The development firm led by Joseph Chetrit has filed plans with the Department of Buildings to turn the former medical center into more than 250 units spread across four buildings with addresses on East 19th and East 20th Streets between Second and Third avenues.

The 16-story main building at 209-225 East 19th Street will have 140 units, while two other buildings will have 54 units. A smaller building at 224 East 20th Street will have eight full-floor apartments. Woods Bagot is listed as the architect for the project.

This project has no connection with the Cabrini nursing home at East Fifth Street and Avenue B, which closed last summer and reopened this past June after developer Ben Shaoul converted the property into luxury rentals.

The Chetrit Group purchased the complex from Memorial Sloan-Kettering in March for more than $150 million. [Curbed] – James Comtois