Caledonian Hospital Conversion Moving Forward

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According to an article in The Wall Street Journal, a developer who bought the former Caledonian Hospital on Parkside Avenue in 2007 is taking steps to convert the multi-building complex into condos and rentals. Karl Fischer, the architect on the project, says the Flatbush property will have 270 units, and the rentals may be ready to roll within a year. (It’s not clear from the story how many units are supposed to be condos.) Developer Joseph Chetrit purchased Caledonian from the Brooklyn Hospital Center in 2007, but plans for the development have been on ice.
Condo Project Comes Alive [WSJ] GMAP
Chetrit Stitches Up Hospital Buy for $15 Million [Brownstoner]

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