Real Estate
Developers To Build 16-Story Condo Tower At Parkway Hospital Site
Developers might turn the long-shuttered hospital into housing, with affordable senior units and a big condo tower, reported the Real Deal.
FOREST HILLS, QUEENS — A trio of developers have proposed turning a long-shuttered Forest Hills hospital into housing — the latest plan amid years of stalled development attempts.
Parkway Hospital, which was once located at 70-35 113th Street, closed in 2008 and was sold this May to three developers who plan to develop the now-vacant site into housing, including affordable options for seniors and a 15- to 16-story condo tower, reported the Real Deal.
The owners who sold the site, Auberge Grand Central, got approval to rezone the property into housing in 2019, under the stipulations that the new residential development would include 10 percent affordable units, and an affordable senior living center — in addition to a proposed 14-story, 216 unit condominium, reported the Queens Gazette.
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The new developers — SYU Properties, Top Rock Holdings and RJ Capital — will also adhere to those stipulations but haven’t decided if they’ll sell the senior living portion and told the Real Deal that the number of units in the condo tower is still “up in the air.”
Top Rock principal Uri Mermelstein told the real estate site that the new units will address the increase in demand for housing in Forest Hills — a point that other developers in the area have made recently, too.
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The announcement of this development comes as Lynn Schulman, a candidate vying for City Council in Forest Hills, called on the state's health commissioner to expand hospital access across Queens — which has the fewest hospital beds per-capita of the city's five boroughs.
Over 50 candidates and elected officials have since signed onto the letter, including Aleda Gagarin and Avi Cyperstein, who are running for City Council alongside Schulman.
Seven of the 18 hospitals that have closed in New York during the past two decades have been redeveloped into housing, two of which are in Queens, reported 6sqft.
The new residential development at Parkway would add a third hospital-turned-housing-complex to that list.
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