Developer set to build on Beth Israel site.Skyline Developers has inked a deal to buy a former Beth Israel Hospital See:
Skyline, an affiliate of Garden Homes Development, a national developer of residential and commercial properties, has signed an agreement with Continuum Health Partners, the parent company for Beth Israel Medical Center Beth Israel Medical Center is a hospital in New York City. It has four major locations providing health services. It acts as University Hospital and Manhattan Campus for the Albert Einstein College of Medicine of Yeshiva University. , for the purchase of the hospital's Singer Division property at 170 East End Avenue and two adjacent apartment buildings at 530 East 88th Street. Garden Homes Development was represented by Leonard Boxer and Peter Koffler of Stroock Stroock & Lavin LLP LLP - Lower Layer Protocol . The developer plans to build a residential building for families who want to work and live in Manhattan, and empty nesters, who want to move back to the city. The new building will maintain the original footprint of the former property and will take advantage of the spectacular views overlooking Carl Schurz Park Carl Schurz Park is a 14.9 acre (60,000 m²) public park in New York City, named for Carl Schurz in 1910, at the edge of Yorkville, overlooks the waters of Hell Gate, and is the site of Gracie Mansion, the residence of the Mayor of New York since 1942. , Gracie Mansion Gracie Mansion is the official residence of the Mayor of New York City. Built in 1799, it is located in Carl Schulz Park, at East End Avenue and Eighty-eighth Street in Manhattan. It overlooks Hell Gate. Architecture Archibald Gracie built Gracie Mansion in 1799. and the East River. The two rental buildings at 530 East 88th Street, which have a total of 74 apartments, will be renovated to meet the same high standards of Garden Homes Development's properties. "We are excited to have been selected to develop the former Beth Israel Beth Israel, which means "House of Israel" in Hebrew, could refer for:
"East End Avenue is a wonderful, family-friendly area with a rich history and we're confident that our properties will not only offer quality living but also enhance the neighborhood. "We look forward to working with the community to bring added architectural value and new vitality to the Upper East Side." Garden Homes Development has taken an active role in redeveloping Lower Manhattan. Other New York City New York City: see New York, city. New York City City (pop., 2000: 8,008,278), southeastern New York, at the mouth of the Hudson River. The largest city in the U.S. properties include the conversion of 41 Broad Street for the Claremont Academy Preparatory School and building conversions at 75 West Street and 37 Wall Street. The developer is also in the process of converting Gramercy Place, a residential building at 280 Park Avenue South. |
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