Nearly two years ago, St. Vincent's Hospital in Greenwich Village shut its doors in the face of millions of dollars of debt. The closure strained other hospitals in the city and also paved the way for a large rezoning and redevelopment process on the site.
Today, that development project took a big step forward, earning the approval of the City Planning Commission -- the second to last step in the lengthy public review process required in New York City for projects like this.
The project, under Rudin Management, is a proposed mixed-use development on 7th Ave. between 11th and 12th streets. The buildings, according to City Planning, would contain approximately 450 residential units, around 10,000 square feet of ground-floor retail space, 20,000 square feet of medical offices, and, notably, 17,000 square feet of public open space on the triangular parcel of land located west of the East Side. More »