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Judge Approves Bankruptcy Sale of St. Vincent's for $260 Million

Despite a late-in-the-game appearance from a mystery developer hoping for a piece of the resurrected St. Vincent's, a judge has gone ahead and approved the bankruptcy sale of the site to Rudin Management and North Shore-LIJ Hospital. The development team will pay $260 million for the site, according to the Times. Their plan calls for a retrofitted and reopened O'Toole Building containing an emergency medical facility and a 450-unit luxury condo building on Seventh Avenue South. Villagers, the doctor may see you in fall 2013.
· Judge Approves Sale of St. Vincent's Hospital Campus [NYT]
· St. Vincent's coverage [Curbed]