The last condominium building in the second phase of the Long Island College Hospital redevelopment will hold 48 units and go on the market for a total price of $113 million, an offering plan filed with New York State Attorney General’s office shows.
Fortis Property Group’s 1 River Park is the last of three new construction condo buildings under development at the former Cobble Hill hospital. Fortis filed offering plans for 2 and 5 River Park earlier this year. Combined, River Park will offer 176 apartments with a projected total sellout price of $413 million.
Fortis’ Jonathan Landau did not immediately respond to a request for comment.
The developer went ahead with an as-of-right project at the site after talks with the city to build taller and include affordable housing broke down in 2016.