[Photo from May]
The Mount Sinai Health System, as previously reported, plans to replace its existing First Avenue facility by opening a smaller hospital on 14th Street and Second Avenue in the years ahead.
Now officials have reportedly put up its First Avenue properties, which are expected to close in the next four years, on the market.
Lois Weiss at the Post had the scoop:
Real estate sources say the sale, which is expected to include that full block bordered by First and Second avenues and East 16th to East 17th streets, will also include other First Avenue properties.
Weiss reported that Douglas Harmon of Eastdil Secured, who brokered the $5.45 billion Stuy Town/Peter Cooper deal with Blackstone, is talking to interested investors.
While it lies opposite Stuyvesant Town/Peter Cooper Village ... the campus is also opposite the leafy and elegant Stuyvesant Square Park, making residential options enticing, especially as Stuy Town’s new owner, Blackstone, has plenty of air rights toward seeking landing strip.
There's no word yet what this prime chunk of real estate might fetch. The Real Deal noted that "hospitals make an attractive target for developers. For example, in 2014, Fortis Property Group paid $240 million for the Long Island College Hospital in Cobble Hill, where it plans to build residential towers."