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The long, complicated (and often very sad) saga
concerning the Prospect Park Residence nursing home looks to be coming
to a close under new ownership. Unsurprisingly, luxury real estate is in
the future for the prized northwest corner of Prospect Park.
Harlem-based developers Sugar Hill Capital Partners filed
plans to convert the 198-unit facility to 67 rental apartments,
according to The Real Deal.
Amenities throughout the nine-story, 139,652-square-foot building will
include a pet spa, wine vault, play room, bike storage, fitness center,
and roof terrace. The architect of record for the conversion is the IBI
Group.
The building’s previous owner, Haysha Deitsch, purchased
the building for $40 million in 2006, and years of fighting over its
fate followed. There were accusations of neglect and lawsuits from both sides of the aisle, with reports that Deitsch served rotten food to seniors and cut off their air conditioning.
Click here for the full article.
Source: Curbe NEW YORK (via The Empire Report)
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