Chetrit, Clipper secure $345M financing for Cabrini conversion
Chetrit Group and Clipper Equity took out a $280 million senior loan and also secured $65.5 million in mezzanine...
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Penthouse at Cabrini Medical conversion to ask $33M
Prices at Joseph Chetrit and David Bistricer’s residential conversion of the fomer Cabrini Medical Center in Gramercy Park have...
Revealed: Chetrit, Bistricer’s Cabrini Medical Center conversion
Renderings are now available for Joseph Chetrit and David Bistricer’s condo conversion project in Gramercy, in which they will...
Chetrit to convert Medical Center into apartments
After Buying The Cabrini Medical Center On East 19th Street at Second Avenue earlier this year, the Chetrit Group...
Chetrit to buy 1.5-acre Gramercy site for $150M
Continuing his New York investment spree, Joseph Chetrit is in contract to buy a 1.5-acre site next to Gramercy...
Cabrini Medical completes $83M sale
Cabrini Medical Center Update (5:37 p.m.) The $83.1 million disposition of the former Cabrini Medical Center, located in the Gramercy Park area at 217 East 19th Street between Second and Third avenues, is complete,...
Former Cabrini Medical Center complex fetches $80M in preliminary bidding
The former site of bankrupt Cabrini Medical Center has drawn a preliminary $80 million bid from residential developer JD...
Hospital sites go on the block
Real estate investors and New York’s leading health care organizations are actively reviewing the prospects of acquiring three hospital sites in New York City. Offers for sale or net lease on the complex are...
Investor interest expected for Cabrini assets
Last Thursday, Gramercy Park’s Cabrini Medical Center filed for Chapter 11 bankruptcy protection, leaving a valuable asset for the...