CityRealty Insider > New Developments in the News

New Developments in the News

APRIL 12, 2010

St. Vincent’s is closing but the door may still be open on condo plans; A palace in the Plaza changes hands.

The recent announcement of St. Vincent’s Hospital’s plans to close its Greenwich Village campus does not mean that that redevelopment plans for the buildings are off the table, according to William Rudin of Rudin Management. Rudin’s company has been in negotiations with the hospital to to redevelop part of the institution into luxury residential condominiums since 2007. Mr. Rudin said that the plan for St. Vincent’s to sell eight of its buildings to his company, four of which would be replaced by an apartment tower and some low-rise townhouses is “still viable.”

A 9,350-square-foot apartment on the third floor of the Plaza Hotel has been sold for $28 million to an undisclosed foreign buyer. The L-shaped, 14-room apartment with 13-foot ceilings and a 55-foot-long gallery is the building’s largest. The apartment’s previous owner had hoped to sell the apartment—which was listed at $39 million last September—for $100 million after renovations that combined 3 units into one.

ALSO IN NEW YORK CITY INSIDER

RLS IDX Data display by CityRealty.com, LLC. This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2024 The Real Estate Board of New York, Inc., All rights reserved. IDX information is provided exclusively for consumers’ personal, non-commercial use and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer and for no listing shall the number of bedrooms listed be considered a legal conclusion.

All closed sales data has been provided by the New York City Department of Finance via the Automated City Register Information System (ACRIS). No warranty or representation is made as to the accuracy of any data provided by ACRIS or any other sources.

CityRealty is committed to ensuring digital accessibility for individuals with disabilities. We are continuously working to improve the accessibility of our web experience for everyone, and we welcome feedback and accommodation requests. If you wish to report an issue or seek an accommodation, please contact us at accessibility@cityrealty.com.

An equal housing opportunity

{"1":[40.775,-73.94,"East Side","_es"],"2":[40.79,-73.99,"West Side","_ws"],"11":[40.76,-73.98,"Midtown","_m"],"3":[40.736,-73.99,"Downtown","_d"],"13":[40.711309,-74.01,"Financial
District\/BPC","_fd"],"4":[40.682676,-73.973007,"Brooklyn","_b"],"12":[40.8444,-73.9376,"Upper Manhattan","_um"],"5":[40.7477089,-73.930411,"LIC \/ Queens","_qns"],"18":[40.8889782,-73.9025,"The Bronx","_bx"]}