clock menu more-arrow no yes mobile

Filed under:

West Village Nursing Home is Neighborhood's Next Luxury Abode

New, 11 comments

We've been talking about the condo conversion of the Village Nursing Home at Hudson and West 12th Street since 2008, when we first became obsessed with the firm looking to develop/design it, FLAnk. Now, one real estate bust later, the Wall Street Journal reports that FLAnk's reinventing of this century-old former hotel is on. Now that the senior citizens have moved into new digs on West Houston Street, FLAnk has closed on the building for "just a few million dollars short" of the pre-crash $33 million price tag. Following interior demolition, the innards will be put back together as 10 condos ranging from 3,300 to 9,000 square feet, with asking prices estimated in the kazillions-per-square-foot range. The apartments will hit the market in the summer of 2012. FLAnk's most recent completed project in the neighborhood looks a little bit different from this one. Can we at least get a rooftop swimming pool made out of melted-down bedpans?
· Deal Signals Market Recovery [WSJ]