Rudin signs specialty-care center to lease deal at Greenwich Lane

Deal fulfills part of community facility requirement from rezoning

New York /
Jul.July 03, 2017 09:50 AM

Rudin Management signed healthcare provider Northwell Health to 22,000 square feet of community facility space at its Greenwich Lane development on the site of the former St. Vincent’s Hospital.

Rudin TRData LogoTINY – which is developing the 199-unit, mixed-use condo project with Global Holdings Corp. – fulfills a requirement mandated by the property’s rezoning to set aside space for community facilities and fill at least half of it with medical offices, the Wall Street Journal reported.

“It was all part of the whole concept of bringing some level of health care back to the community,” Rudin senior vice president Michael Rudin said.

Northwell’s facility is expected to open in 2018. It will provide specialty health care services in the areas of cardiology, gastroenterology, pulmonology and ear-nose-and-throat. The new space is near Northwell’s Lenox Health Greenwich Village, which is housed in the 150,000-square-foot O’Toole Building that the developers donated in order to create an emergency facility.

St. Vincent’s closed in 2010. Rudin Management’s Bill Rudin said that more than 75 percent of buyers at the project are New Yorkers. Earlier this year, Starbucks CEO Howard Schultz paid $40 million to buy the development’s priciest penthouse. [WSJ]Rich Bockmann


Related Articles

arrow_forward_ios
Ron Burkle’s $155M play on Wall Street: American Stock Exchange HQ
Ron Burkle’s $155M play on Wall Street: American Stock Exchange HQ
Ron Burkle’s $155M play on Wall Street: American Stock Exchange HQ
"Taxi king" Gene Freidman dead at 50
“Taxi king” Gene Freidman dead at 50
“Taxi king” Gene Freidman dead at 50
Pershing Square Capital Management CEO Bill Ackman and 787 11th Avenue (Getty, Rafael Viñoly Architects)
Ackman wants $630M for Hell’s Kitchen office building
Ackman wants $630M for Hell’s Kitchen office building
Deconstruct Podcast
This week on ‘Deconstruct’: The death of the cubicle
This week on ‘Deconstruct’: The death of the cubicle
Silverstein Chairman Larry Silverstein, CalSTRS CEO Cassandra Lichnock and 1177 Sixth Aveneut (Silverstien, Getty, CalSTRS)
$450M refi reveals what tenants pay at Silverstein’s 1177 Sixth Avenue
$450M refi reveals what tenants pay at Silverstein’s 1177 Sixth Avenue
The price of a new home in China’s largest cities fell for the first time since 2015
New home prices in China’s largest cities fall for first time since 2015
New home prices in China’s largest cities fall for first time since 2015
Real estate powers Blackstone’s best quarter ever
Real estate powers Blackstone’s best quarter ever
Real estate powers Blackstone’s best quarter ever
Terreno Realty CEO W. Blake Baird and an aerial of the property (Google Maps)
Terreno Realty pays $44M for NJ industrial site
Terreno Realty pays $44M for NJ industrial site
arrow_forward_ios

The Deal's newsletters give you the latest scoops, fresh headlines, marketing data, and things to know within the industry.

Loading...