The Hudson Companies, St. Nicks Alliance, and Project Renewal have closed on a $66 million construction loan for phase one of the Greenpoint Hospital Campus redevelopment project. Located in East Williamsburg, Brooklyn, the 3.4-acre site is bounded by Masbeth, Skillman, and Debevoise Avenues and has sat vacant since the early 1980s.
Back in February of 2014, a number of developers toured the former Bayview Correctional Facility, an eight-story, 100,000 square-foot complex, at 550 West 20th Street, in West Chelsea, after the city issued a request for proposals just months earlier. Now, Empire State Development has awarded NoVo Foundation a 99-year lease to redevelop the property, according to Commercial Observer. NoVo Foundations and the Goren Group plan to transform the building into the Women’s Building, which will house a women’s rights organization. The project will include community space, art installations, and a restaurant.