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On The Market

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St. Mary's Hospital in Bed-Stuy is now up for grabs, donning an $18 million price tag Marcus & Millichap reports. The offer on the seven-story building is significantly below replacement cost, making it attractive as a hospital or redevelopment project. Barry Kimchy, who's representing the hospital's seller, suggested St. Mary's could be repositioned for use as a multifamily property or as dormitories. Student dorms? Stay posted, Bed-Stuy; NYU kids may be coming your way soon! [Brooklyn Eagle]