Brooklyn Hospital to anchor new medical building in Fort Greene

Hospital signed 70K sf lease at 620 Fulton

Jan.January 31, 2018 02:45 PM

Rendering of 620 Fulton Street (Credit: Francis Cauffman via NY YIMBY)

Brooklyn Hospital is moving up the block to a 70,000-square-foot space at a newly-constructed building in Fort Greene.

The hospital signed a 10-year lease to anchor the 180,000-square-foot building at 620 Fulton Street, according to Crain’s, and will occupy more than six of the building’s 12 floors. It was rumored last year to be in negotiations for about 70,000 square feet.

Brooklyn Hospital is relocating from the Maynard Building, also in Fort Greene, which it recently sold to the Rabsky Group for $100 million.

The hospital’s new landlord is the New York Hotel Trades Council, which developed the Fulton Avenue building and will occupy the second through sixth floors. That leaves just one vacancy at 620 Fulton, a 6,000-square-foot ground-floor retail space.

Ingram & Hebron Realty represented both landlord and tenant in the deal. Asking rents at the building were $65 per square foot, according to the brokerage. [Crain’s]Chava Gourarie

Related Articles

(Image by Wolfgang & Hite via Dezeen)

Hudson Yards megadevelopment inspires a new line of sex toys

Cammeby's International Group founder Rubin Schron and, from top: 194-05 67th Avenue, 189-15 73rd Avenue and 64-05 186th Lane (Credit: Google Maps)

Ruby Schron lands $500M refi for sprawling Queens apartment portfolio

Wendy Silverstein (Credit: Getty Images)

Wendy Silverstein, co-head of WeWork’s real-estate fund, is out

Urban Outfitters CEO Richard A. Hayne and Ralph Lauren store CEO Patrice Louvet (Credit: Getty Images)

More major retailers furlough employees, withhold rent

David and Victoria Beckham buy condo at Zaha Hadid-designed tower in Miami

David and Victoria Beckham buy condo at Zaha Hadid-designed tower in Miami

Manhattan resi listings continue nosedive: report

Manhattan resi listings continue nosedive: report

From left: Ace Watanasuparp, SVP National Director of Strategic Sales, Citizens Bank; Alan Rosenbaum, CEO/Founder, GuardHill Financial Corp; Mark Favaloro, President, New York Association of Mortgage Brokers

Home lending in the time of corona: “Underwriting is really difficult right now”

Simon Property Group CEO David Simon David Simon (Credit: Mireya Acierto/Getty Images, iStock)

Retail rout continues as Simon furloughs a third of employees