Friday, November 14, 2014
Ben Shaoul is selling Bloom 62 for $73 million — all cash!
[EVG file photo]
Back in January, the Post reported that Bloom 62 on Avenue B and East Fifth Street — the former Cabrini Center for Nursing and Rehabilitation — "is being shown to investors and expected to sell for roughly $70 million."
At the time, we never spotted any listings for the building that Ben Shaoul bought for $25.5 million from a family trust made up of the estates of Jacob W. Friedman and Sol Henkind in December 2011.
Now a PDF for the building is making the rounds … it arrived in our inbox. From that listing:
All you need is $73 million. All cash.
Cabrini closed for good on June 30, 2012. The 240-bed Cabrini Center for Nursing and Rehabilitation — sponsored by the Missionary Sisters of the Sacred Heart of Jesus — provided health care for low-income elderly residents in the East Village. The center opened in 1993 and served 240 patients and employed nearly 300 people.
Bloom 62 started renting in May 2013. Prices top out at $7,600 for a four-bedroom apartment. The building has quickly earned a reputation for throwing the most disruptive rooftop parties.
Previously on EV Grieve:
Claim: Ben Shaoul is the new owner of Cabrini nursing home, will convert to condos
Report: Local politicians reach out to Ben Shaoul as re-sale of the Cabrini Nursing Center seems likely
More details on Cabrini's closing announcement
Ben Shaoul looks to make a whole lot of money converting nursing home into high-end housing