The Real Deal New York

Revealed: Chetrit, Bistricer’s Cabrini Medical Center conversion

224-228 East 20th St., now called Gramercy Square, will have more than 250 apartments
March 17, 2015 01:59PM

Renderings are now available for Joseph Chetrit and David Bistricer’s condo conversion project in Gramercy, in which they will renovate and repurpose several former Cabrini Medical Center buildings and create one smaller building from scratch, New York YIMBY reported.

The block-through project at 224-228 East 20th Street and 209-225 East 19th Street has become known as Gramercy Square.

The Cabrini Medical Center shuttered in 2008, and the Chetrit Group and Clipper Equity jointly purchased it in 2013 for $150 million. Plans call for the largest building, at 209-225 East 19th Street, to have 140 units; two buildings at 228 East 20th StreetAnd 227 East 19th Street to have 54 units each; and a new building at 224 East 20th Street to have eight full-floor apartments.

Of the conversions, the most dramatic is 209-225 East 19th Street, where architect Woods Bagot will replace the small windows with glass panels that extend down the building’s facade.

The project is expected to be completed in 2016. [NY YIMBY] — Tess Hofmann