As we reported on Nov. 21, a neighbor with knowledge of the proceedings at the Cabrini Nursing Center for Nursing and Rehabilitation on East Fifth Street at Avenue B claimed that Ben Shaoul is the new owner of the property.
Today, more details are starting to emerge about the sale. The Lo-Down has the scoop that the building was sold for $25.5 million. Per The Lo-Down:
A private company called “MM 62-74 Avenue B Owner” acquired the building in a transaction recorded in city land records Dec. 2. The firm, which was incorporated in August, lists as its address the law office of Goldberg Weprin Finkel Goldstein near Times Square.
Meanwhile, plans for the new building and the name of the actual owner have not been made public just yet. Cabrini's lease expires in April. Local politicians have urged the new owner to extend the lease to allow Cabrini sufficient time to find a new facility in the area.