William Rudin of Rudin Management which has been negotiating with St. Vincent's Hospital to redevelop part of its Greenwich Village campus into luxury residential condominiums said that the recent announcement by the hospital that it would be closing most of its operations does not spell the end of redevelopment plans there, according to an article by Paul Bubny yesterday at GlobeSt.Com.
His real estate company and St. Vincent Catholic Medical Centers had agreed in 2007 to build a larger, inpatient facility on the west side of Seventh Avenue between 12th and 13th Streets on the site of the Edward & Theresa O'Toole Medical Services Building and the redevelop many of its facilities across the avenue between 11th and 12th Streets.
In the article, Mr. Rudin said that "The Rudins are committed to working with all of the stakeholders to come up with a viable alternative plan to create an appropriate healthcare facility and to continue with the development on the east campus," adding that "We're waiting for the state to issue their RFP that would outline what they're looking for in terms of a new healthcare facility for St. Vincent's. When we all see that, we'll analyze it."
The article said that Mr. Rudin said that it is not certain when the request for proposals by the state will be issued, but he added that "the plan for St. Vincent's to sell his company eight of its buildings for $310 million, four of which would be razed and replaced by an apartment tower and some low-rise townhouses, was not changing": "We have Landmarks Preservation Commission approval for our plan to put up four new buildings. We think that's still viable."
In a statement, the article continued, the St. Vincent's board says its vote will be followed by submission of a closure plan to the state Department of Health. Pursuant to the plan, all St. Vincent's patients will be "discharged or transferred to nearby non-affiliated hospitals, as appropriate," according to the statement.
The expansion plan into a new curved tower designed by Pei Freed & Cobb met with considerable controversy from some community activists and some preservationists who argued that Albert Ledner's former National Maritime Union Building with its nautical motifs was an important landmark of its era.
His real estate company and St. Vincent Catholic Medical Centers had agreed in 2007 to build a larger, inpatient facility on the west side of Seventh Avenue between 12th and 13th Streets on the site of the Edward & Theresa O'Toole Medical Services Building and the redevelop many of its facilities across the avenue between 11th and 12th Streets.
In the article, Mr. Rudin said that "The Rudins are committed to working with all of the stakeholders to come up with a viable alternative plan to create an appropriate healthcare facility and to continue with the development on the east campus," adding that "We're waiting for the state to issue their RFP that would outline what they're looking for in terms of a new healthcare facility for St. Vincent's. When we all see that, we'll analyze it."
The article said that Mr. Rudin said that it is not certain when the request for proposals by the state will be issued, but he added that "the plan for St. Vincent's to sell his company eight of its buildings for $310 million, four of which would be razed and replaced by an apartment tower and some low-rise townhouses, was not changing": "We have Landmarks Preservation Commission approval for our plan to put up four new buildings. We think that's still viable."
In a statement, the article continued, the St. Vincent's board says its vote will be followed by submission of a closure plan to the state Department of Health. Pursuant to the plan, all St. Vincent's patients will be "discharged or transferred to nearby non-affiliated hospitals, as appropriate," according to the statement.
The expansion plan into a new curved tower designed by Pei Freed & Cobb met with considerable controversy from some community activists and some preservationists who argued that Albert Ledner's former National Maritime Union Building with its nautical motifs was an important landmark of its era.
Architecture Critic
Carter Horsley
Since 1997, Carter B. Horsley has been the editorial director of CityRealty. He began his journalistic career at The New York Times in 1961 where he spent 26 years as a reporter specializing in real estate & architectural news. In 1987, he became the architecture critic and real estate editor of The New York Post.
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