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

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