The former Parkway Hospital in Queens, which closed a decade ago, may soon become a 351-apartment site.
Developer Jasper Venture Group filed a rezoning application on Monday for the conversion of the property, according to Crain’s. In addition to a two-floor addition to the old hospital, which is located on the corner of 113th Street and a Grand Central Parkway service road in Forest Hills, the new development would also include a separate 14-story rental building with about 216 market-rate apartments.
A state commission responsible for streamlining the health care facilities ordered the hospital to close in 2006, and the Manhattan-based developer bought the site at auction.
At one point, Jasper planned to convert the site into condominiums, but eventually attempted to sell the property in 2015, with a reported asking price between $20 million and $30 million. However, the sale was unsuccessful. [Crain’s] — David Jeans