The Former Parkway Hospital Will Be Converted to Condos

The Parkway Hospital, vacant and in disrepair since 2008, is going condo. Real estate investment firm Jasper Venture Group of New York released a press release on its plans for the Forest Hills site. It looks like a demolition is coming: “Though the hospital is over 100,000 square feet, Jasper wants to increase its size. Rebuilding condominiums from the ground up will breathe new life into the idle site.” Jasper has not yet released any information on the design or the timeframe for construction.

In March, it was looking like the Parkway Hospital would head back to auction after the company 70-35 113th Street Holdings LLC couldn’t pay its full bid. So it appears that’s what happened with the property, and Jasper Venture Group is the newest buyer. Stay tuned for more details…

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