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
Steve Witkoff and Ian Schrager in front of the iconic PUBLIC hotel escalators. (PUBLIC, Getty)
EB-5 fund alleges Schrager, Witkoff siphoned money from Public Hotel
EB-5 fund alleges Schrager, Witkoff siphoned money from Public Hotel
Best Buy has closed about 20 of its big-box stores in each of the past two years (iStock)
Best Buy lays off 5,000 staffers, increases store closures
Best Buy lays off 5,000 staffers, increases store closures
Ryan Serhant and Gary Barnett on Development Slowdown in Pandemic
Coffee Talk: Extell’s Gary Barnett and Ryan Serhant
Coffee Talk: Extell’s Gary Barnett and Ryan Serhant
Cushman & Wakefield CEO Brett White
Cushman reports 10% drop in revenue in 2020
Cushman reports 10% drop in revenue in 2020
Central Queens Academy's Ashish Kapadia and United's Chris Jiashu Xu with a rendering of 88-08 Justice Avenue (Linkedin, iStock)
Charter school takes 85K sf in Queens condo building
Charter school takes 85K sf in Queens condo building
(IStock illustration by Kevin Rebong)
Smaller cities look to cash in on shift to remote work
Smaller cities look to cash in on shift to remote work
421-427 East 14th Street (Google Maps, iStock)
Stuy Town to get new 17K sf grocery store
Stuy Town to get new 17K sf grocery store
Photo illustration of Mayor Bill de Blasio as Uncle Sam (iStock, Getty/Illustration by Kevin Rebong)
NYC has $1.3B in unpaid property taxes
NYC has $1.3B in unpaid property taxes
arrow_forward_ios

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

Loading...