Brooklyn Hospital to anchor new medical building in Fort Greene

Hospital signed 70K sf lease at 620 Fulton

New York /
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

arrow_forward_ios
(Image by Wolfgang & Hite via Dezeen)
Hudson Yards megadevelopment inspires a new line of sex toys
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
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
Wendy Silverstein, co-head of WeWork’s real-estate fund, is out
32 Avenue of the Americas, Two Metrotech and 60 Hudson Street. (Rudin Management, Brookfield Properties, 60 Hudson, City of New York)
These properties could face slight credit risk under Local Law 97: Moody’s
These properties could face slight credit risk under Local Law 97: Moody’s
eXp CEO Glenn Sanford (eXp, iStock)
Virtual broker eXp Realty has another record quarter
Virtual broker eXp Realty has another record quarter
Ira Drukier with the Hotel Chelsea (Getty, Patrick McMullan/Getty)
Chelsea Hotel owners sue city for $100M over renovation delays
Chelsea Hotel owners sue city for $100M over renovation delays
RSA's Joseph Strasburg and Judge Lawrence Marks (Getty, Strasburg via Jeffersons Siegel)
Landlord group challenges state eviction ban
Landlord group challenges state eviction ban
Redfin CEO Glenn Kelman (Getty, Redfin)
Pocket listings exclude minority homebuyers, Redfin CEO says
Pocket listings exclude minority homebuyers, Redfin CEO says
arrow_forward_ios

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

Loading...