St. Vincent's Hospital Manhattan is preparing to put on the market an 180,000-square-foot building at 555 Avenue of the Americas, less than two weeks after filing for bankruptcy protection, according to a report in The New York Times.
The property, known as Staff House, has 178 apartments, a 90-car garage, and storefront space on the avenue, according to the report.
St. Vincent's already has a contract from Taconic Investment Partners, which has offered to buy the building for $48 million, according to the Times.
Read The New York Times' story on St. Vincent's Hospital Manhattan.