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Clamoring for St. Vincent's

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St. Vincent's has been holding out for a better offer on 555 Sixth Avenue, a building the bankrupt hospital had already arranged to sell for $48 million. Gutsy move! Turns out the hospital got 23 bids on the building, several of them over $48M. The most likely use for the place, currently divided into 178 apartments, is as rentals or condos. [Crain's; previously]

555 Sixth Avenue

555 Sixth Avenue, New York, NY